Economy
At the forefront of France's 19th century industrialisation, the area suffered severely during World War I and now faces the economic, social and environmental problems associated with the decline of coal mining with its neighbours following the earlier decline of the Lille-Roubaix textile industry.
Until recently, the department was dominated economically by coal mining, which extended through the heart of the department from neighbouring Artois into central Belgium.
Read more about this topic: Nord (French Department)
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)
“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)