probably one of the best economy in the world. Philippines economy before is top 2 in Asia.
The economy of Philippines is based on free enterprise.
Yes. Philippines is a mixed economy
The Philippines is not nearly as industrialized. The economy is unstable.
Catholicism was introduced to the Philippines by the Spanish during their colonial/conquest period.
the Philippines is 175 years late than the US economy
de facto conquerors : \
The Philippines has a mixed economy, consisting of both a market-driven private sector and government intervention through regulation and public enterprises. The economy is characterized by a diverse range of industries such as agriculture, manufacturing, and services.
the Philippines is a mixed market economy. the country has many ties to the united states and is entirely dependent on the united states markets. because of this, the united states influences the Philippines to have a mixed market economy.
beliefs
The Japanese navy confronting the allies at the battle.
The Philippines contained large US bases that had to be taken, in order for Japan to fulfill their plans of conquest.
The opening of the Suez Canal in 1860 helped the economy of the Philippines by making trade with European countries easier.