Economy
The economy of the Caribbean region is based mainly in the exploitation of natural resources such coal and natural gas, salt, agricultural products mainly bananas, coffee and oil palm, cotton, tropical fruits among many other products, livestock raising which is practiced extensively in almost all the territory, in Córdoba, Sucre, Atlántico, Magdalena, Bolívar, Cesar and southern La Guajira. There is also a service industry and a local import-export industry mainly in the ports of Cartagena, Barranquilla and Santa Marta. Another major part of the economy is tourism, which concentrates also in Cartagena, Barranquilla and Santa Marta along with San Andres and Providencia Islands.
Read more about this topic: Caribbean Region Of Colombia
Famous quotes containing the word economy:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)