Etna provides many advantages for the residents of Sicily which vary greatly and are fair consolation for the constant threat to their livelihoods.
One of the great advantages is that over time the lava from many eruptions ago has broken down to become extremely fertile soil, thanks to the minerals contained in the magma many years ago. This combined with an excellent climate in the Mediterranean provides perfect growing conditions for numerous crops and so up to a height of about 3000ft (915m) the landscape is rich in vineyards, olive groves, citrus plantations, and orchards. Several densely populated settlements, notably the city of Catania, are found on the lower slopes due to this agricultural temptation despite the risk.
The other primary benefit is tourism and numerous sites can be found on the internet for farm holidays around the base of Etna boasting great views with excursions up the mountain and winter skiing on the snow-capped peak. Examples of this include sites like: InSicilia - Your Personal Travel Guide to Sicily and http://www.torrolio.com/nuova_pagina_4.htm.