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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)