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:
“The counting-room maxims liberally expounded are laws of the Universe. The merchant’s economy is a coarse symbol of the soul’s economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (1803–1882)
“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)
“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)