Economy
The fishery, where approximately 133 claim income, represents 10.8% of the island's catches in 1985. Even without major infrastructural improvements the area's fishery maintained a reasonable rate of return. The improvements in the ports of Ribeira Quente and Povoação resulted in greater catches and expansion of the local fleet, which was responsible for the largest catches of tuna on the island.
Read more about this topic: Ribeira Quente
Famous quotes containing the word economy:
“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)
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“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)