Economy
The economy of Fuerteventura is mainly based on tourism. Primary tourist areas are located around the existing towns of Corralejo in the north and Morro Jable in Jandia, plus the purely tourist development of Caleta de Fuste, south of Puerto del Rosario. Other main industries are fishing and agriculture (cereals and vegetables). The famous Majorero cheese is locally made from the milk of the indigenous majorera goat.
In 2009, Fuerteventura recorded the highest EU regional unemployment rate at a NUTS3 level, at 29.2 percent.
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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)
“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)
“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)