Economy
The local economy is primarily based on agriculture and tourism. Platanos (or Bananas) are grown throughout the island with many banana farms on the western side of the island in the valley of Los Llanos de Aridane. Other crops include: Strelitzia (or 'Bird of Paradise') flowers, oranges, avocados and grapes (which grow well in the volcanic soil). The wine from the grapes is prized. Local ranchers herd cows, sheep and goats (from which they make goat cheese).
Fisherman operating from Santa Cruz, Tazacorte and Puerto Naos catch fish for the local markets.
Read more about this topic: La Palma
Famous quotes containing the word economy:
“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)
“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)
“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)