Economy
Primary sources of revenue are manufacturing, wholesale and retail trade and services. Mining, farming, fishing and tourism contribute significantly to the economy Manufacturing firms include mining companies, fertilizer plants, sugar central, rice and corn mills and other food processing plants. Tacloban is the hub of investment, trade and development in the region.
Other industries include mining, rice, corn and sugar milling, coconut oil extraction, alcohol distilling, beverage manufacture and forest products. Home industries include hat and basket weaving, metal craft, needlecraft, pottery, ceramics, woodcraft, shell craft and bamboo craft.
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Famous quotes containing the word economy:
“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)
“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)
“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)