Economy
In terms of tourism, Princetown tends to be popular with walkers and the sight of large groups of young people with rucksacks is especially common during the summer months. Bunkhouse, bed and breakfast and camping facilities are available in the town and there are also a handful of local shops where visitors can stock up on essential items. However no thought appears to have been given in the recent developments to providing up-market hotel and tourist accommodation which would revitalise the economy of the town.
Princetown has its own brewery producing the appropriately named Jail Ale and Dartmoor IPA. This used to be housed in the Prince of Wales pub, but now occupies a modern purpose-built building on the edge of the town. The other pub is the Plume of Feathers (the Railway - "The Devils Elbow" - has closed as a pub recently) and there are also a couple of cafes, one of which is situated in what used to be the town's police station.
In recent years Princetown has seen the opening of both the Princetown Centre for Creativity in Duchy Square, on the site of the village supermarket, and a new village Community Centre.
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Famous quotes containing the word economy:
“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)