Economy
The economy of Toledo relies heavily upon agriculture: crops grown include beans and corn, as well as rice which is sold to the Big Falls Rice Mill. Cacao is grown organically and sold via the Toledo Cacao Growers Association to Green & Black’s for their renowned Maya Gold chocolate, as well as to chocolatiers within Belize. The District’s ancient and modern-day links with chocolate are celebrated annually in May (Commonwealth Day Holiday weekend) at the Toledo Cacao Festival. Farmers grow additional crops such as coffee, yams, sweet potato, chili, hot peppers, avocado, oranges and plantain for sale at the market in Punta Gorda, held each Monday, Wednesday, Friday, and Saturday.
Fishermen practice small-scale fishing from their dug-out canoes, as well as diving for lobster and conch during open season. The Port Honduras Marine Reserve just north of Punta Gorda Town is a protected area, and Toledo’s waters are regarded as the permit capital of Belize. Many traditional fishermen have now trained as fly-fishing guides through the alternative livelihood projects offered by local conservation groups.
Tourism is an important, and relatively new, industry for Toledo. Once regarded as an area only for the hardy and adventurous, the opening of new tourist accommodation and the development of tours, as well as a growing awareness of the district’s high proportion of protected areas, wildlife, excellent birding and the offshore cayes, have resulted in Toledo being recognized as an important ‘emerging destination’.
Read more about this topic: Toledo District
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 (1803–1882)
“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)
“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)