Economy
The main industries on the island are crofting and sheep farming, where unique North Ronaldsay sheep are largely farmed collectively. Tourism also plays an important role. The island has a population of 60, roughly half of whom are descended from native islanders and half are new islanders, who have come to live there. There is great interest in attracting new families with young children in order to keep the school open, since that is vital for the economy.
Read more about this topic: North Ronaldsay
Famous quotes containing the word economy:
“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)
“War. Fighting. Men ... every man in the whole realm is in the army.... Every man in uniform ... An economy entirely geared to war ... but there is not much war ... hardly any fighting ... yet every man a soldier from birth till death ... Men ... all men for fighting ... but no war, no wars to fight ... what is it, what does it mean?””
—Doris Lessing (b. 1919)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)