Economy
As of 1990, there were 743 cottage industries in Abra, of which 208 are registered with the Department of Trade and Industry. 59% are engaged in bamboo and rattan craft making, both leading industries in the area.
In 1992, the natural dye industry, together with loom weaving and embroidery, was revived by former Governor Ma. Zita Claustro-Valera, the first woman governor of Abra.
Abra's economy is agriculture-based. Its major crops are rice, corn, and root crops; and commercial produce are coffee, tobacco, and coconut. Extensive grassland and pasture areas are used for livestock production.
Read more about this topic: Abra (province)
Famous quotes containing the word economy:
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—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)