Economy
The main economical activity is the exploitation of oil. Many towns as Punta de Mata, El Tejero, Temblador depend on this activity.
Other towns as Caripe and San Antonio live off agriculture and livestock farming. Coffee is planted in the areas next to the towns of Caripe and San Antonio. Cocoa is being cultivated near Caripito. Maize, tomato, sugar-cane, tobacco, banana, rice, yucca and tropical fruits grow in other areas.
Cattle is concentrated in the southern and western parts of Monagas, where there are great extensions of savannas and plateaus.
The state has forests with its corresponding industry.
Because of the oil exploitation Maturín is a main commercial and banking centre in the east of Venezuela.
Read more about this topic: Monagas
Famous quotes containing the word economy:
“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)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)