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:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“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 (18121870)
“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)