Economy
Farming, fishing and burning seaweed to kelp ash (used in the manufacture of soap and glass) were the main economic activities on the island until the 19th century. Tobermory was built by the British Fisheries Society in 1788 as a planned settlement to support the fishing industry. In the mid 19th century the Highland Potato Famine and the Highland Clearances reduced the population by two thirds and the island economy collapsed. In the early 20th century there were more sheep than people.
The economy began to revive when the construction of Craignure Pier in 1964 started to bring tourists. Tourism is now the mainstay of the island's economy. Ecotourism became popular from the 1990s and the re-introduction of White-tailed eagles in 2005 became a particular ecotourist drawcard.
There is a small amount of farming, aquaculture and fishing and Forestry Commission Scotland has several plantations on the island. Tobermory also has one whisky distillery and one brewery.
Read more about this topic: Isle Of Mull
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)