Economy
The Cauca economy is based primarily on agriculture and livestock production, forestry, fishing and trade. Agriculture has been developed and modernized in the northern department, with main crops are sugar cane, cane panela, conventional maize, rice, corn tech, banana, agave, yucca, potatoes, coconut, sorghum, cocoa, groundnut and palm.
In the Pacific region is extracted gold, silver and platinum. Other non-precious minerals that are exploited are sulfur, asbestos, limestone, talc, gypsum and coal. The manufacturing industry is located in Popayán, Santander de Quilichao, Puerto Tejada with factories of food, beverages, dairy products, paper, packaging, wood processing, sugar industry and paper processing for export. The main centers of commercial activity are Popayán, Santander de Quilichao, Patia, Puerto Tejada, Piendamó and Corinto.
Read more about this topic: Cauca Department
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)
“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)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)