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:
“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.”
—Ralph Waldo Emerson (1803–1882)
“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)
“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)