Economy
The leading industries are in the areas of bakery, rice and corn milling, food processing, and rattan and wood furniture production. New industries include concrete products, garments, wax and candle factory, and other cottage industries.
Major crops produced include rice, corn, coconuts, rubber, fruit trees, vegetables, tobacco, coffee, cacao, and root crops. Livestock and poultry productions are predominantly small-scale backyard operations.Coal mining is also present in some areas of the province.
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Famous quotes containing the word economy:
“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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)