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:
“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)
“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)