Economy
Cannon Rocks is close to an area called "The Golden Mile" of dairy farming. It is a strip of land between the sea and the Woody Cape forest that is very well suited to dairy farming. This historically drove the development of the area. Recent price collusion between major milk-buying companies Clover, Parmalat and Woodlands have left the once prosperous farmers facing bleak futures, with herds reduced and many farmers opting for beef cattle.
The economy of Cannon Rocks is primarily retirement housing, holiday houses and weekend visitors. The beaches are immaculately clean and safe due to the very low number of visitors and the fact that there is approximately 100 km of untouched bush and beaches to the west.
Cannon Rocks does not have a retail outlet and residents and visitors buy basic commodities in Boknesstrand or Kenton-on-Sea. Basically the only commercial activity is the Post Office Agency. Kenton-on-Sea also provides several banks and associated commercial activities.
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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)
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)