Economy
The economy is diversified with service, manufacturing, and agricultural industries spread throughout the province. The Port of San Fernando operates as an increasingly active shipping point, and the former American airbase Wallace Air Station, having been converted into a business and industrial area, helps to facilitate such commercial activity.
Tourism to the province is driven by airlines and passenger coach bus lines like regionally owned Farinas Transit Company, Viron Transit, Dominion Bus Lines and Partas.
Tourists often flock to the beaches of Bauang, or to the more secluded ones further north for snorkeling, surfing or other water sports; the more northerly beaches near San Juan specifically cater to both local surfers as well as portions of the world surfing circuit.
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Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)