Economy
Since c. 1710, Bangka has been one of the world's principal tin-producing centers. Tin production is an Indonesian government monopoly, and there is the biggest tin smelter at Muntok. White pepper is also produced on the island. Tin mining is environmentally damaging.
Read more about this topic: Bangka Island
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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)