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:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—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)
“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 (1812–1870)