Economy
Matagalpa is a very well diversified province. It produces and exports beef, cheese, coffee, cacao, onions, tomatoes and mixed fruits and vegetables. For local consumption it produces flowers, wood, corn, beans, fruits (oranges, grapefruits, bananas, plantains) and many kinds of vegetables such as broccoli, and cauliflower.
Matagalpa is known for its good coffee, its cattle, milk products, vegetables, flowers and mountains popular with ecotourists. It is the location of such storied mountain tourist resorts as Aranjuez, Santa Maria de Ostuma, and Selva Negra Mountain Resort.
A large part of the economy in Matagalpa depends on eco-tourism. Nature hikes, walks, and excursions are very common throughout Matagalpa, and the northern region on Nicaragua.
Recently a large water project has been completed. A potable water system and a new waste water treatment facility were funded and built by the German government.
A new extension of the paved highway Managua-Sebaco-Matagalpa-Jinotega has been completed.
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Famous quotes containing the word economy:
“Wise men read very sharply all your private history in your look and gait and behavior. The whole economy of nature is bent on expression. The tell-tale body is all tongues. Men are like Geneva watches with crystal faces which expose the whole movement.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)