Economy
Following the Cabeço do Fogo eruption, much of the lands in the parish were sterile and uncultivateable due to the ash. Gradually, agriculture returned to the area, although the region has been affected by the collapses in the wine, orange and potato crises during the 19-20th century. Cattle and dairy production are one of the two pillars of the economy today. The residents of the parish also rely on fishing, some boat construction and rock/sand extraction as basic sources of income. Although tourism is not an obvious cash stream, the area has unspoiled coastal areas, panoramic views towards Capelo (visible from Ribeira das Cabres) and high cliffs that attract or stop visitors regularly in the area.
Read more about this topic: Praia Do Norte
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)