Economy
This region, as well as entire West Herzegovina, has been prior the war one of the most poor regions in BiH. However, today is one of the richests. The entrepreneurial spirit is also present in the West Herzegovina Canton which enabled high employment. Majority of entrepreneurs are dealing with catering, nevertheless, significant number of entrepreneurs is involved in a successful production.
Even though is located in small area, the agricultural sector also has great significance in the Canaton's economy. Out of the total Cantonal area, 30,000 ha belongs to the agricultural sector; 84.000 ha is part of the forest land. Around 6,000 ha of arable land is located in the favorable climatic conditions, with an altitude of less than 100 meters. The Canton has particularly strong potentiality for production of vegetables, fruit growing and viticulture. On the area of the Canton there are plants for the processing of meat and milk.
Read more about this topic: West Herzegovina Canton
Famous quotes containing the word economy:
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)