Economy
| Employment |
| Primary sector: 49% |
| Secondary sector: 14% |
| Tertiary sector: 37% |
The area's main economic activities are agriculture in the winter and tourism in the summer. The agricultural production can be divided into two main parts. Whereas olive oil has been produced all over the municipality at least since Minoan times, for the last thirty years large quantities of fruit and vegetables have also been exported. These are grown in plastic greenhouses, which spread over an area of 13,000,000 square meters between the town of Ierapetra and Nea Myrtos. They were introduced by the Dutchman Paul Kuypers. Mainly because of the greenhouse production the inhabitants of Ierapetra are on average the richest on Crete.
Read more about this topic: Ierapetra
Famous quotes containing the word economy:
“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)
“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)