Economy
Over the years, the local population has occupied itself traditionally with activities associated with agriculture and cattle-raising (primarily dairy), in addition to artesian handicrafts (works of wicker, wool or produced from loom), as well as regional sweets (such as biscoitos de orelha, cavacas or búzios). As tourism began to permeate the economy of the islands of the Azores, Almagreira was located in a convenient location: the white sand beaches along its southern margins are unique in the archipelago. Consequently, due to its warm summers, and normally placid oceanfront bay, the community attracts tourists from within and outside the Azores.
Read more about this topic: Almagreira (Vila Do Porto)
Famous quotes containing the word economy:
“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 (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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)