Economy
With its vast fertile land resources, Negros Oriental's major industry is agriculture. The primary crops are sugarcane, corn, coconut and rice. In the coastal area, fishing is the main source of income. People are also involved in cattle ranches, fish ponds and logging. There are also mineral deposits like gold, silver and copper.
Negros Oriental is emerging as a technological center in Central Philippines with its growing business process outsourcing (BPO) and other technology-related industries. Negros Oriental is also becoming a notable tourist destination in the Visayas.
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Famous quotes containing the word economy:
“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 (18171862)
“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 (18031882)
“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 (18031882)