Economy
Characterized to have a clay type of soil that is best suited for agricultural use, most (42.03 percent) of the town's land area are devoted to agricultural production. The lowland areas were planted with rice and other seasonal crops while the upland areas were planted with permanent crops. Agricultural products of the town include rice, corn, mango, coffee, coconut, banana, vegetables and root crops.
Aside from the thriving agriculture industry, Midsayap also boasts of its other industries such as cut flowers and ornamental plants, livestock and poultry, furnitures and decorative crafts and telecommunications. It is also a potential area for putting up other industries such as fruit and meat processing as well as oil palm plantation and processing.
Strategically located, Midsayap serves as a major commercial and trading center of the province where farmers from neighboring municipalities bring their agricultural products to be sold/traded
Read more about this topic: Midsayap, Cotabato
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)