Economy
Historically the municipality has been engaged in forestry, logging of tropical hardwoods, extraction of other forest products such as medicinal herbs and other non-timber forest products. From 1948 to 1951 and then from 1968 to 1970, the municipality of El Castillo was a major producer of bananas. The bananas were transported to Puerto Limón in Costa Rica, where they were sold by U.S. companies. Cultivation later declined as a result of black sigatoka (a disease caused by Mycosphaerella fijiensis, a fungus of the Ascomycota phylum).
The main economic activity continues to be agriculture, most notably corn and bananas. There are also a number of small businesses that serve the needs of the local and tourist population. These include 25 small markets, 9 bakeries, 2 butcher shops, 7 restaurants, 20 bars (6 just for tourists), 4 hotels, 4 sport shops, 5 carpenters shops, 2 gas stations for boats, and 1 mill.
Read more about this topic: El Castillo (municipality)
Famous quotes containing the word economy:
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)
“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)
“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)