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:
“The aim of the laborer should be, not to get his living, to get a good job, but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (18171862)
“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 (18171862)
“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)