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:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)