Bagac is primarily an agricultural and aquatic area rich in bounty. While other municipalities and provinces are converting agricultural land into other uses, Bagac stands to preserve and utilize whatever prime agricultural land area left to be nurtured.

Bagac sits on top of a vast potential "goldmine" that is rich in natural wonders and full of historical feats. It is a showcase of pristine coastal and marine marvels. Sumptuous exotic seafood can be bought at the town's public market. The white sand beaches and rugged mountain terrain are the primary destinations in Bagac. Rainforests, caves, waterfalls, commemorative WW II Japanese shrines on battle sites, and breathtaking coral gardens can be explored by intrepid nature lovers. Several fairly-priced inland and seaside resorts can accommodate visitors at a short notice.