Economy
See also: Economy of the Western CapeThe two pillars of the Cape Colony's economy for almost the entirety of its history were shipping and agriculture. Its strategic position meant that prior to the opening of the Suez Canal in 1869 almost every ship sailing between Europe and Asia stopped off at the colony's capital Cape Town. The supplying of these ships with fresh provisions, fruit, and wine provided a very large market for the surplus produce of the colony.
Read more about this topic: History Of Cape Colony Before 1806
Famous quotes containing the word economy:
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)