Economy
Although Miyagi has a good deal of fishing and agriculture, producing a great deal of rice and livestock, it is dominated by the manufacturing industries around Sendai, particularly electronics, appliances, and food processing.
As of March 2011, the prefecture produced 4.7% of Japan's rice, 23% of oysters, and 15.9% of saury fish.
In July 2011, the Japanese government decided to ban all shipments of beef cattle from northeast Miyagi Prefecture over fears of radioactive contamination. This has since been rescinded.
Read more about this topic: Miyagi Prefecture
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)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“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)