Economy
People are primarily engaged in farming and fishing. Cabugao, with its big poblacion, is one of the most urbanized towns in the province.
While it is true that many natives of the town have gone to greener pastures in other parts of the country and abroad, the number of migrants has been offset by the number of immigrants – Pangasinenses, Bataguenos, Kapampangans and Maranaos who have come for trade and commerce and have stayed here for good.
People’s organizations and non-government organizations are active in the municipality responding to the needs of the community.
Read more about this topic: Cabugao, Ilocos Sur
Famous quotes containing the word economy:
“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)
“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.”
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