Economy
About half of the province's land area is devoted to agriculture. Corn, coconut, and rice are the major crops. The province being rich in marine and mineral sources, its fish production has accelerated through the development of fishponds. Commercial fishing has likewise steadily increased through the years, with the yellow fin tuna as the primary species.
In 2006, a study by National Statistics Coordination Board (NSCB), found Zamboanga del Norte Province to be the Philippines' poorest province with a poverty incidence rate of 64.6%, an increase from 47% in year 2000 statistical figures.
Read more about this topic: Zamboanga Del Norte
Famous quotes containing the word economy:
“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)
“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 (1803–1882)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)