Economy
The majority of villagers made their wealth during the climax of the sugar cane industry, and villagers are grateful to the past economy for having provided houses and land which, in today’s tight times, would be impossible to acquire. However, the labour force of Xaibe today has forcibly become more fluid, adjusting to new industries and job vacancies that will at least provide a bare minimum salary, such as at the nearby Fruta Bomba papaya farm, and in the retail and service industry in the Free Zone and border Casinos. For those who have not been able to secure employment locally, many have left the village to join more promising tourist industries in the Caye's and elsewhere in the country, although the current economic crisis is warranting many of these to suffer un- (or under-) employment too.
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Famous quotes containing the word economy:
“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 kindno matter how ultimately profitable or otherwise successful some of them might prove to bethere 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.”
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“The counting-room maxims liberally expounded are laws of the Universe. The merchants economy is a coarse symbol of the souls economy. It is, to spend for power, and not for pleasure.”
—Ralph Waldo Emerson (18031882)