The question of whether Antarctica has an economy is eye-opening. Antarctica is very unique. It does not have a government.() It does not have a currency. And it doesn't have a permanent population.() To some the lack of these things would show there cannot be …show more content…
So, the definition for an economy, for this paper, will be, “The state of a country or region in terms of the production and consumption of goods and services and the supply of money” (OxfordDictionaries.com). Antarctica does meet the requirements set in this definition and Fishing, tourism, and research is what forms the basis of Antarctica's economy.
(explaining fishing)The first part of Antarctica's economy, fishing, takes place off the coast of Antarctica(). The fishermen in Antarctica will catch krill, paper clip size fish that are common near the coasts of Antarctica.()() Fishermen catch about _____ Krill a year.() Fishing is the only resource of Antarctica that is legal to harvest.() But, there is a limit of 4 million tons of Krill are allowed to be fished each year.() The fishing
(Problems with it) One problem with the argument that fishing is part of Antarctica's economy is that the Krill is sold outside of the region.() While this is true that does not mean that it is not part of the economy. For example, if a company pays to build a mine in another country, let’s call the country Mine Land, and all the resources to build and run the mine came from the another country would you still say the ore from that mine was produced in Mine Land. Yes, and the definition of an economy says in terms of