Economy
The main crops grown in the valley are wheat and barley, although some rice is grown in the lower reaches of the valley. Potatoes, chilis, apples and other cash crops are grown by farmers on the valley floor, along terraced hillsides, and in some of the more accessible side valleys. Per the census, almost every household owns livestock of some type, most commonly yaks and cattle, but also chickens, pigs, and horses. 78% of Haa is covered with forest, and forestry plays an important part in local economy.
In 2002 the valley was opened to foreign tourism, although its tourist resources remain largely undeveloped compared with Paro, Thimphu, and Bumthang districts.
Read more about this topic: Haa District
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)
“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)
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)