Economy
In addition to agriculture, a staple of the fertile lands of the Azores, Praia has been known for being an important fishing community and supplier for the economy of Graciosa. In addition to fish, fisherman have collected and dried algae (Sargassum) as fertilizer. Similarly, Graciosense were producers of tile, for the regional market, resulting in periods of boom.
Other complimentary actividades, in addition to the small garages and mechanical shops, the parish is a center of civil construction and bread makers, and has an outpost of the fiscal auditors, customs, post office and bank.
Read more about this topic: Praia (Santa Cruz Da Graciosa)
Famous quotes containing the word economy:
“Unaware of the absurdity of it, we introduce our own petty household rules into the economy of the universe for which the life of generations, peoples, of entire planets, has no importance in relation to the general development.”
—Alexander Herzen (1812–1870)
“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)
“Everyone is always in favour of general economy and particular expenditure.”
—Anthony, Sir Eden (1897–1977)