Economy
Twenty one percent of the working population is in agriculture and livestock. Principle crops include beans, corn, sorghum, sesame seed, melons, cucumbers, squash, peanuts and flowers. Livestock includes cattle, pigs and goats. The Union of Indigenous Communities of the Isthmus Region, a cooperative founded in 1982, assists in production and distribution of the local products, notably coffee, under a fair trade label.
Twenty five percent work in industry, mining and construction. Industry is limited to a water purification facility, an ice plant and one that processes calcium oxide (calidra). Limestone is mined as well. The most typical handcraft of the area is the traditional dress. There is also the production of ceramics especially for the kitchen as well as decorative items and toys.
Fifty one percent work in commerce, tourism and services. Most of the commerce serves local needs with some serving regional customers and tourists. There are two four-star hotels, one two star hotel and nine guesthouses. The municipality also has water parks and beaches.
Read more about this topic: Tehuantepec
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)
“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)
“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)