Have you ever heard of the “blue economy?” If not, well you’re not alone! Most people
have never heard this term before or know what it means. However, we think it’s important to learn about it because the blue economy exists all around us in Atlantic City and it is growing in importance here and around the world. You may have already learned what the word economy means. There are several definitions but the one we want to focus on in this contest is the one that relates to how people earn and spend money. What types of jobs or businesses do they have? Where do they spend their money and on what types of products or services? When you combine this definition with the term “blue,” we’re talking about specific types of jobs, businesses, products and services that have a connection to the ocean. That’s why it’s called the “blue economy.” The World Bank defines the blue economy as “the sustainable use of ocean resources for economic growth, improved livelihoods and jobs, and ocean ecosystem health.” https://www.worldbank.org/en/news/infographic/2017/06/06/blue-economy. The
important words in this definition are “sustainable” and “health.” So while we are using the ocean to create jobs and income, we should also be concerned about the long term health of the ocean and its diverse fish and plant life. There are many types of businesses that are part of the blue economy. The industries most familiar to us are fishing, maritime transport, tourism, renewable energy and waste management. But imagine all of the businesses in each of these areas! We want you to explore and learn about the blue economy and help us to create a logo and
video so that others can learn about it too. Please carefully follow the contest rules and guidelines. We want to see your best work!
Good luck and have fun!
AC NAACP Education and Scholarship Committee