Economy
The peninsula is mainly inhabited by members of the native tribe of the Wayuus which use the plains to raise cattle, sheep, goats and horses. The descendants of the Spanish colonizers settled in the southeastern part of the peninsula (sometimes referred to as the Padilla Province) were the land is more fertile due to the proximity to other river basins, such as the cesar river basin and is subject to large plantations of cotton, sorghum and cattle ranching.
Since the 1980s the central area of the peninsula was subject to the exploration and exploitation of coal and natural gas in the area of Cerrejon and of oil in the littoral. A popular ecotourism destination in the area is Cabo de la Vela
Read more about this topic: Guajira Peninsula
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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
“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)