San Gil - Economy

Economy

Besides tourism, the region's economy relies heavily on agriculture. Products such as tobacco, sugar cane and coffee are commonly grown in farms nearby which are mainly commercialized in the town's main market plaza. One of the region's most historically important entrepreneurs was José María Rueda Gómez, known as "Conde de Cuchicute", who, in spite of his eccentricity, pushed the development of coffee production, and helped establish the first bank and a hydroelectric power plant for the region.

Read more about this topic:  San Gil

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)

    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 (1817–1862)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)