Sunday, November 6, 2011

Economy of the Basque Country. From industry to turism.

The economy of the Basque Country, from Industrialization to 1970, has been dedicated to the industry. Blast furnaces, factories, shipyards ... giving 11% of the GDP for industry in the country, a high percentage.

From the 80's, the industry entered in a dangerous crisis and things changed. But it has been able to get out because it is currently one of the richest regions of the country.

Nowadays, with the Guggenheim, its beaches, its gastronomy and its landscapes the Basque Country have important revenue. The tourism. Rural tourism, cultural tourism, or sun and beach tourism have become important revenue for the region. For this reason has centered on tourism.


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