Economy
Trawlers from Cedeira travel to South Africa, Terranova in Canada or the Irish Box to fish. Most of the fish, mainly tuna, is canned and stored in in warehouses locally for later distribution to different parts of Spain and Europe.
Farming, horse breeding and timber production, together with services are the main economic activities. Since the late 1980s Cedeira has developed into a coastal resort.
Wind-mill parks are common in Ferrolterra, particularly in the boroughs of Cariño, Cedeira and A Capela.
Read more about this topic: Cedeira
Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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 aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)