Economy
The economy of the town is primarily based on agriculture, the services and tourism industries. The town has two olive oil presses and three grape molasses factories. Rashaya was designated one of nine poverty areas within Lebanon in a survey of 2002. The World Bank and U.S. Aid has financed development projects in the area with the assistance of the YMCA and other NGOs. Projects have included a $500,000 waste water treatment plant and redecoration of the town's guesthouse in 2007.
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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 (1817–1862)
“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.”
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