Economy
While Corozal District depended for many years on the sugar industry, at one time having its own sugar factory located in Libertad Village, today the economy is more diversified. Sugar production and other agricultural crops such as papaya are still central to the way of life of many rural Corozalenos, but occupations in the tourism industry are slowly becoming more prominent. Now almost 65% of Corozalenos depend on the Commercial Free Zone for employment. The Zone is located on the border of Belize and Mexico.
Contraband is the most biggest source of gaining income in Corozal since it is located near the Mexican side. Supplies such as vegetables,fruits,liquors,cigarettes and gasoline
Read more about this topic: Corozal District
Famous quotes containing the word economy:
“Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.”
—Friedrich Nietzsche (1844–1900)