Economy
The department's economy is mainly centered on agriculture. Its valley contains sugar cane, cotton, soy, and sorghum crops, and there are coffee crops in the mountains. The department is known for its sugar industry, which provides sugar to the markets of the rest of the country and nearby countries. The sugar is obtained from the large sugar cane plantations, which were introduced to the department by Sebastián de Belalcázar. The production by the city of Yumbo also stands out, where several companies are found, most prominently the paper and cement businesses. The port at Buenaventura is Colombia's main port on the Pacific coast, allowing for the import and export of goods, and is of great importance for the economy of both the department and the country.
Read more about this topic: Valle Del Cauca Department
Famous quotes containing the word economy:
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)
“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)