Economy
Subsistence agriculture has predominated on the island since it was first settled. It currently occupies 17.5% of the area of the municipality, and concentrated on small parcels in the eastern half of the island and along the northern parts of Vila do Corvo. In this patchwork of volcanic hedge-rows, farmers concentrate on semi-permanent crops (potatoes, some cereals, including wheat and citrus orchards).
Dairy production is the primary activity, although the raising of pigs and poultry is also common, and cheese one of the primary commercialized products. Until the 1960s, the raising of sheep and the commercialization of wool was also important on the island. This was until a change in forestry policy forced many farmers to vacate uncultivated lands, lands that were routinely used to graze sheep. It was quickly the end of the wool industry on the island, an industry that had been integral to the island's small export industry.
Read more about this topic: Corvo Island
Famous quotes containing the word economy:
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)