Coastal Economy
The coastal economy refers to the economic activities that take place in coastal areas, which are regions where land meets the ocean. This economy includes industries such as fishing, tourism, and shipping, all of which rely on the unique resources and opportunities provided by coastal environments. Coastal areas often attract visitors for their natural beauty, leading to increased spending in local businesses.
Additionally, the coastal economy plays a vital role in global trade, as many major ports are located along coastlines. These ports facilitate the movement of goods and services, contributing to both local and international markets. Sustainable management of coastal resources is essential to ensure the long-term health of these economies.