What Impact Does The Ocean Have On The Economy

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“Over 1/3rd of the annual U.S. Gross National Product originates in coastal areas approximately $700 billion!” (Oceans Impact the Economy) The ocean has a huge impact on economies all over the world. It affects the way the people live their lives and the way that we are all connected. Over 640,000 tons of debris is left in the ocean each year. It traps and kills thousands of animals, which has a great impact on the supply and demand of the economy. So we need to take care of this wonderful gift. The ocean impacts the tourism and recreation, living resources, and transportation in an economy.
The fact that 50 percent of the U.S. population lives within 50 miles of the coast shows, without a doubt, the economy is going to revolve around the
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households visiting the beach and taking a child on the trip. Nearly 100 million trips to the beach were made last year by U.S. households this year — up seven percent from 2006. And the average family spent $850 per trip. That’s a lot of saltwater taffy and suntan lotion. But there is more to the shore than going to beaches and boardwalks, such as fishing, boating, scuba diving, biking, and inland golfing. The economic benefits of tourism and beach activities generate billions of dollars for their respective regions” (We Need Your Help!).
As you can see, there are countless activities to participate in near the ocean that all benefit not only the economy of the coastal regions, but also the people who visit.
In fact, while you are in your sailing boat cruising down the coast, pay attention to the living resource of the ocean. These living resources are crucial to the economic systems because they help sustain much of the human life. The National Oceanic and Atmospheric Administration stated the
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We need ways to transport the goods through the ocean and to the ports. Aboard Transportation, a website dedicated to explaining transportation, explains ocean transportation. “Ocean transport is a method of carrying people, goods and etc. with the means of barges, boats, ships or sailboat over rivers, canals, oceans, or seas. The main purpose of travel by this mean is that it can be in commerce, leisure/recreational, or military purposes” (Ocean Transportation). Ocean transportation is not a new theory, though, trade, by water, between countries has gone on for centuries. “Recorded drawings on cave walls from Australia’s Aboriginal colonies provided indirect but certain facts that the first vessel that floated on water was a type of canoes made from a cut out large tree trunk” (Ocean Transportation). Overall transportation probably impacts our world the most because it is the means of all other trades and recreation. The ocean has a huge impact on the economy of the world and how it is all connected. We all have the opportunities to help take care of the resources that the ocean provides; there are so many ways to enjoy the water and the resources it brings to the world. When half the population lives within 50 miles of the ocean, there are endless possibilities to what can be done. Whether you are going fishing or on a cruise you are impacting the ocean and it is impacting

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