People live close to volcanoes because geothermal energy can be harnessed by using the steam from underground, which the Earth’s magma has heated. The steam drives turbines in geothermal power stations to produce electricity for domestic and industrial use. Countries such as Iceland and New Zealand use this method of generating electricity.
Volcanoes attract millions of visitors around the world every year. Apart from the volcanoitself, hot springs and geysers can also bring in tourists. This creates many jobs for people in the tourism industry. This includes work in hotels, restaurants and gift shops. Often locals are also employed as tour guides
Lava from deep within the Earth contains minerals that include gold, silver, diamonds, copper and zinc, depending on their mineral composition. Miners are attracted to active volcanic areas. Often, mining towns develop around volcanoes.
Volcanic areas often contain some of the most mineral-rich soils globally, which are ideal for farming. Lava and material from pyroclastic flows weather to form nutrient-rich soil, which farmers can cultivate to produce healthy crops and rich harvests.