Economy
Cloves and nutmeg are still cultivated, as are cocoa, coffee and fruit. Fishing is a big industry across the islands but particularly around Halmahera and Bacan. The Aru Islands produce pearls, and Seram exports lobsters. Logging is a significant industry on the larger islands with Seram producing ironwood and teak and ebony are produced on Buru.
Read more about this topic: Maluku Islands
Famous quotes containing the word economy:
“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 (18031882)
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“Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.”
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