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Economy (2006 pop.: 1,111)''Nova Scotia Community Counts:'
Statistical profile
/ref> is an
unincorporated Unincorporated may refer to: * Unincorporated area, land not governed by a local municipality * Unincorporated entity, a type of organization * Unincorporated territories of the United States, territories under U.S. jurisdiction, to which Congress ...
rural In general, a rural area or a countryside is a geographic area that is located outside towns and cities. Typical rural areas have a low population density and small settlements. Agricultural areas and areas with forestry typically are describ ...
community situated along the north
shore A shore or a shoreline is the fringe of land at the edge of a large body of water, such as an ocean, sea, or lake. In physical oceanography, a shore is the wider fringe that is geologically modified by the action of the body of water past a ...
of the
Minas Basin , image = Lookout On Way to Cape Split - 25006718579.jpg , alt = , caption = Looking east across the Southern Bight of Minas Basin from The Lookoff , image_bathymetry = , alt_bathymetry = , ca ...
/
Cobequid Bay Cobequid Bay is an inlet of the Bay of Fundy and the easternmost part of the Minas Basin, located in the Canadian province of Nova Scotia. The bay was carved by rivers flowing into the eastern end of the Bay of Fundy. The eastern end of the b ...
, at approximately 45°23'N, 63°54'W, in Colchester County,
Nova Scotia Nova Scotia ( ; ; ) is one of the thirteen provinces and territories of Canada. It is one of the three Maritime provinces and one of the four Atlantic provinces. Nova Scotia is Latin for "New Scotland". Most of the population are native Eng ...
. In the late 19th century, it was known for its
shipbuilding Shipbuilding is the construction of ships and other floating vessels. It normally takes place in a specialized facility known as a shipyard. Shipbuilders, also called shipwrights, follow a specialized occupation that traces its roots to befor ...
industry.


History

The place name comes from the 18th century
Acadian The Acadians (french: Acadiens , ) are an ethnic group descended from the French who settled in the New France colony of Acadia during the 17th and 18th centuries. Most Acadians live in the region of Acadia, as it is the region where the de ...
''L'Économie'', an adaptation of the
Mi'kmaq The Mi'kmaq (also ''Mi'gmaq'', ''Lnu'', ''Miꞌkmaw'' or ''Miꞌgmaw''; ; ) are a First Nations people of the Northeastern Woodlands, indigenous to the areas of Canada's Atlantic Provinces and the Gaspé Peninsula of Quebec as well as the northe ...
First Nation Indigenous peoples are culturally distinct ethnic groups whose members are directly descended from the earliest known inhabitants of a particular geographic region and, to some extent, maintain the language and culture of those original people ...
word for the location, ''kenomee'', meaning 'a place of land jutting into the sea'. Mi'kmaqs presumably named the area thus because the
shore A shore or a shoreline is the fringe of land at the edge of a large body of water, such as an ocean, sea, or lake. In physical oceanography, a shore is the wider fringe that is geologically modified by the action of the body of water past a ...
line juts out into the Minas Basin at what is now known as Economy Point. East of this point marks the beginning of Cobequid Bay. Mi'kmaqs hunted and gathered throughout the region for thousands of years prior to the
settlement Settlement may refer to: *Human settlement, a community where people live *Settlement (structural), the distortion or disruption of parts of a building * Closing (real estate), the final step in executing a real estate transaction *Settlement (fin ...
of Acadian families in the Economy area.


Economy

The economy is based on
logging Logging is the process of cutting, processing, and moving trees to a location for transport. It may include skidding, on-site processing, and loading of trees or logs onto trucks or skeleton cars. Logging is the beginning of a supply chain ...
,
firewood Firewood is any wooden material that is gathered and used for fuel. Generally, firewood is not highly processed and is in some sort of recognizable log or branch form, compared to other forms of wood fuel like pellets or chips. Firewood can ...
, wild lowbush
blueberry Blueberries are a widely distributed and widespread group of perennial flowering plants with blue or purple berries. They are classified in the section ''Cyanococcus'' within the genus ''Vaccinium''. ''Vaccinium'' also includes cranberries, bi ...
and weir fishing. There is also a soft-shelled
clam digging Clam digging is a North American term for a common way to harvest clams (edible infaunal bivalve mollusks) from below the surface of the tidal sand flats or mud flats where they live. It is done both recreationally (for enjoyment or as a so ...
industry.


Landmarks

Landmark buildings are the Scott house, church and the recently closed historic General Store.


References


External links


Destination: Nova Scotia with a picture of the shoreline at EconomyDestination: Nova Scotia with a map of the Economy area
{{Coord, 45, 23, N, 63, 55, W, region:CA_type:city_source:GNS-enwiki, display=title, name=Economy Communities in Colchester County General Service Areas in Nova Scotia