The term is used to refer to the people of the Mountain Province, the capital municipality, including its cultural practices, and its native language.[9]: 329 Bontoc was one of several municipalities in Mountain Province which would have been flooded by the Chico River Dam Project during the Marcos, alongside Bauko, Sabangan, Sagada, Sadanga, and parts of Barlig.[17] Poverty incidence of Bontoc Source: Philippine Statistics Authority[18][19][20][21][22][23][24][25] The local economy depends largely on small trades and agriculture.This capital town's biggest economic potential is tourism with its smaller rice terraces in Barangay Bay-yo, Maligcong and other areas.Mountain Province State University is the first tertiary institution in the municipality that offers various undergraduate and graduate courses.