Economy
Agriculture is the chief occupation. The leading crop is rice, which occupies most of the arable ground. Other crops include wheat, sesame, peanut, pulses, cotton, and tobacco. Sagaing is Myanmar’s leading producer of wheat, contributing more than 80% of the country's total production. Forestry is important in the wetter upper regions along the Chindwin River, with teak and other hardwoods extracted. As in other parts of the country, reforestation is not effective enough to maintain sustainable forestry. Important minerals include gold, coal, salt and small amounts of petroleum. Industry includes textiles, copper refining, gold smelting, and a diesel engine plant. The Region has many rice mills, edible oil mills, saw mills, cotton mills, and mechanized weaving factories. Local industry includes earthen pots, silverware, bronze-wares, iron-wares and lacquerware.
Read more about this topic: Sagaing Region
Famous quotes containing the word economy:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)
“I favor the policy of economy, not because I wish to save money, but because I wish to save people. The men and women of this country who toil are the ones who bear the cost of the Government. Every dollar that we carelessly waste means that their life will be so much the more meager. Every dollar that we prudently save means that their life will be so much the more abundant. Economy is idealism in its most practical terms.”
—Calvin Coolidge (1872–1933)