Economy
Traditionally, the island's main industries have been fishing, logging and farming; but today, the economy revolves around government services, tourism, and home and cottage construction. Recreational opportunities abound in Beaver's harbor, beaches, inland lakes and the state forest, which covers much of the island. A golf course, nature trails, multiple restaurants and hotels, a marina and numerous other amenities cater to residents and tourists alike.
Beaver Island bills itself as "America's Emerald Isle", partly reflecting the fact that many of its residents are of Irish descent.
Central Michigan University owns and operates a research facility on the island.
Read more about this topic: Beaver Island (Lake Michigan)
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)
“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)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)