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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)