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:
“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
—Jane Jacobs (b. 1916)
“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)