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:
“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)
“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)
“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)