The economic system of the Philippines is developed through the exportation of goods and the tourism that we had.
Every region in the Philippines has it's own product like banana, in Davao City and etc.
The monetary system in the Philippines is quite diverse. It has changed over time and has even gone through periods of inflation.
The economic system of the Philippines is developed through the exportation of goods and the tourism that we had. Every region in the Philippines has it's own product like banana, in Davao City and etc.
The monetary system in the Philippines is based on the Philippine peso (PHP), which is the official currency. The Bangko Sentral ng Pilipinas (BSP) serves as the country's central bank, responsible for issuing currency, managing monetary policy, and regulating the banking system. The peso is subdivided into 100 centavos, and various denominations of coins and banknotes are in circulation. The BSP aims to maintain price stability and promote financial stability in the economy.
In the Philippines, there is a system they call Project NOAH - the Philippines is frequently visited by typhoons so they have developed this system to measure storm surges and other disturbances.
Bangko Sentral ng Pilipinas
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philippines
There is no nation-state there, so there are no mints to produce any kind of monetary system.
Considering the Philippines are deeply rooted Spanish influence. As a example, language, religion, measurement, and government are a few to include as sectors effected in the educational system.
South Korea's monetary system is comprised on the Korean won. A single won is divided into 100 jeon, the monetary sub-unit of South Korea.
what is the system of measurement adoptd by the philippines
Spain did not "Borrow" it's monetary system. It adopted the Euro along with most other members of the EU.