Economy
The province boasts of silt deposited in each flood of the that make the region conducive to agriculture and fishing. It is part of what is called the "great green belt" of Cambodia.
The main crop of rice and has the largest area devoted to rice in the country, contributing about 10% in the national crop and is among those that emerge each year the largest surplus. Tobacco, mung beans, cane sugar, palm sugar, cassava, sesame and fruits such as coconuts, mangoes and cashews or grown in Prey Veng. Rubber trees have played an important economic role in the past, but the plantations were abandoned during the wars that bloodied the country decades ago.
However, despite its agricultural base, it is one of the less wealthy areas of Cambodia. The rate of people living below the poverty line is around 53%, 36% below the national average. In addition, its net migration is negative, indicating that the a number of people from their homelands are moving away to find other means of subsistence.
Read more about this topic: Prey Veng Province
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)
“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 (18171862)
“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)