Economy
Tourism is the main economic activity of the municipality and most of this is centered on Acapulco Bay. About seventy three percent of the municipality’s population is involved in commerce and most of this is related to tourism and the port. Mining and manufacturing employs less than twenty percent and only about five percent are dedicated to agriculture. Industrial production is mostly limited to bottling, milk products, cement products, ice and energy production. Agricultural products include tomatoes, corn, watermelon, beans, green chili peppers and melons.
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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 (18121870)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (18171862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)