Economy
This region, as well as entire West Herzegovina, has been prior the war one of the most poor regions in BiH. However, today is one of the richests. The entrepreneurial spirit is also present in the West Herzegovina Canton which enabled high employment. Majority of entrepreneurs are dealing with catering, nevertheless, significant number of entrepreneurs is involved in a successful production.
Even though is located in small area, the agricultural sector also has great significance in the Canaton's economy. Out of the total Cantonal area, 30,000 ha belongs to the agricultural sector; 84.000 ha is part of the forest land. Around 6,000 ha of arable land is located in the favorable climatic conditions, with an altitude of less than 100 meters. The Canton has particularly strong potentiality for production of vegetables, fruit growing and viticulture. On the area of the Canton there are plants for the processing of meat and milk.
Read more about this topic: West Herzegovina Canton
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)
“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)
“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)