Economy
Traditionally, cattle and sheep breeding, along with salt extraction, fishing and agriculture have been the basis of survival on the island throughout the centuries. The tradition of salt extraction most probably originates from the times of the first settlement in this area.
These traditional activities have been maintained until the present day. Now, around 40,000 sheep are kept on the island. Also, around 33,000 tons of salt are produced yearly, making 2/3 of the total production in Croatia. The salt basins are spread over 3.01 square kilometres (301 ha).
The most important economic activity, not only for the inhabitants, is tourism. Tourism on the island of Pag has seen a boom in the last decades. A large, well-maintained public beach, particularly suitable for families with children, lies not far from the centre of the town. The famous lacework of Pag, the best-known national lacework, is produced here, and in the local cheese-monger's shop one of the most famous authentic national sorts of cheese - Paški sir - may be found. The prominent national costumes are also categorized as national souvenirs. The present rich touristic offering of Pag, which - along with the impressive landscape - stone lace in the sea - make Pag and the Pag Bay an exquisite tourist resort.
Read more about this topic: Pag (town)
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 (1803–1882)
“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)
“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)