Economy
Fishing and salt-making are the primary industries on Lingayen Gulf. In fact, the name Pangasinan literally means “place where salt is made”. Salt is collected from seawater through evaporation, leaving the crystalline salt behind.
The Lingayen Gulf is also home to the 1200 megawatt Sual Power Station, the Philippines largest coal power plant.
Read more about this topic: Lingayen Gulf
Famous quotes containing the word economy:
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)