Economy
The main industry on the island prior to tourism was fishing. The island sits in the middle of natural migration routes for fish, and feeding grounds for conch and lobster. During World War II, fishermen living on the island also collected debris from torpedoed ships in the Caribbean that came floating ashore. The most lucrative were bales of rubber. The fishing industry is thought to support about 80 families on the island.
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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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
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—Ralph Waldo Emerson (1803–1882)