Economy
Owing to concentration of agriculture, animal husbandry and dairy industries, the island has maintained the relatively rural and tranquil character. The island's fields produce various fruits, wines, grass-fed beef and dairy cattle as well as cheese and other dairy products. The construction of a commercial port and the 1980 construction of the Graciosa Aerodrome has retained the islands links to the archipelago while strengthening exports and importing goods and services. In addition to this, the island has benefited from infrastructural investments that have included the re-qualification of the secondary school, the construction of a new milk factory and fishing port. As well, improvements to the recreational areas in Praia and refurbishment of the Thermals in Carapacho, the construction of a new hotel and Medical Center have been done in order to improve both the tourist industry and support the local community.
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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)
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)