Chapter 3 Problem 5
Who is the father of microeconomics?
Advantages of microeconomics ?
explain the types of microeconomics
There are four issues discussed in macroeconomics:1.Unempoyment2.Inflation3.Economic Growth4.Trade cycle
What are the problems of the Katutubo tribes in the Philippines? Name the problems of the Katutubo teribes in the Philippines Why did they have that problem?
Chapter 3 Problem 5
No.
Who is the father of microeconomics?
Advantages of microeconomics ?
After gaining independence, the Philippines faced challenges such as widespread poverty, political instability, corruption, and armed conflicts with communist and separatist groups. The country also struggled with economic development, natural disasters, and social inequality.
explain the types of microeconomics
There are four issues discussed in macroeconomics:1.Unempoyment2.Inflation3.Economic Growth4.Trade cycle
Water pollution, deforestation, and improper waste disposal are the environmental problems of the Philippines. The other environmental problems includes noise pollution and quarrying.
There are many restrictions are foreign ownership of businesses in the Philippines.
Region 5 in the Philippines faces challenges such as natural disasters like typhoons and volcanic eruptions, which can cause damage to infrastructure and disrupt livelihoods. Additionally, poverty and limited access to education and healthcare services are prevalent issues in the region. Unemployment and underemployment rates are also significant concerns affecting the population.
Microeconomics refers to a small, localized economy.