Economy
The local economy is primarily based on agriculture and tourism. Platanos (or Bananas) are grown throughout the island with many banana farms on the western side of the island in the valley of Los Llanos de Aridane. Other crops include: Strelitzia (or 'Bird of Paradise') flowers, oranges, avocados and grapes (which grow well in the volcanic soil). The wine from the grapes is prized. Local ranchers herd cows, sheep and goats (from which they make goat cheese).
Fisherman operating from Santa Cruz, Tazacorte and Puerto Naos catch fish for the local markets.
Read more about this topic: La Palma
Famous quotes containing the word economy:
“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)
“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)
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—Jane Jacobs (b. 1916)