Economy
Historically the island's economy has been based around subsistence agriculture and fishing, with coconuts as the main cash crop. From the 1980s onwards, tourism has become an economic factor and is now the dominant industry. The construction of a stable, high-speed internet connection in recent years has also made the island a feasible location for IT-based enterprises, which are beginning to provide a certain degree of economic diversity. Ko Samui transport links have made it a destination for tourists seeking to explore the other islands in the area.
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Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)