For those living by riversides, fishing is important, with a large variety of fishes. The principal industry of Paraguay is farming. Forestry is also important to the economy. Although there are deposits of petroleum, natural gas, iron, manganese, bauxite, and other minerals, they are not exploited commercially. Other important source of income is Tourism .
Manufacturing is confined largely to agricultural and forestry products and to basic consumer goods.
He was killed by the natives. Se ora Santa Mar a de la Asunci n, because it was the feast day honoring the Assumption of the Virgin Mary. Beginning about 1607, the Jesuits, established missions called reducciones , which were settlements of Guaran converted to Catolicism. After time, the Jesuits, through the missions, became the strongest power in the colony. In 1617, the Giant Indias' Province, as the whole territory was known, was divided in two, the River Plate Government having Buenos Aires as capital, and the Paraguay Government, with Asunci n as its capital.