Why bicolanos is known for being spendthrift?
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Bicol Region has a large amount of rich flatland, and agriculture is the largest component of the economy, followed by commercial fishing. Coconuts, abaca, banana, coffee and jackfruit are the top five permanent crops in the region. Rice and corn are among the chief seasonal crops. Coal mining is also one of the contributors to the region's economy. Commercial fishing is also important with thirteen major fishing grounds supplying fish markets in places as far as Metro Manila. So, bicolanos are known as being spendthrift.
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