Economy
This regency is rich in petroleum, more so than the North Aceh and Aceh Tamiang regencies. Fishing employs many people in the regency but little of its is exported; people depend on it for food. The main fishing centre in the regency is in Idl. The regency also has several food-plant based industries producing tofu, tempeh and sun-dried banana chips. Some areas are under plantation exploitation for palm oil and rubber, although there is only one state-owned company (TPN I) operating in the area. Plantations also produce cacao and chocolate and in the Lokop area iron ore and lead is mined.
Read more about this topic: East Aceh Regency
Famous quotes containing the word economy:
“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)
“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)
“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)