The main economic activity in the Arctic region revolves around fishing, oil and gas extraction, and mining. The harsh conditions and remote location pose challenges, but valuable resources such as fish, oil, and minerals contribute significantly to local economies. Commercial fishing is particularly important, targeting species like cod and herring. As global interest in the Arctic increases, opportunities for trade and resource exploitation are expanding, raising environmental concerns about sustainability and the impact on indigenous communities. The balance between economic development and ecological preservation is a critical issue in this region.