Philippines Economics

Philippine economics are based on food, textiles and garments and electronics assembly. It is an emerging market with substantial growth in the past 24 years thanks in part to an increase modernization of management and production.

1,852 Questions
Job Interviews
Philippines
Philippines Health
Philippines Economics

Sample test questions civil service exam Philippines?

1.who killed lapu-lapu? Magellan

2.what is 1+1-2*3? 0

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Google
Philippines
Philippines Economics

Lists of Public Corporation the Philippines?

A public corporation is created to perform a governmental function or to operate under government control, such as a municipal water company or hospital.

heres the link(mixed w/ private corps.)>>>

http://en.wikipilipinas.org/index.php?title=Top_100_corporations

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Philippines
Philippines Economics

What are some economic problems confronting the Philippines?

unemployment issues

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Local Laws
Philippines Economics

What is the concept of agrarian reform program?

Agrarian Reform Philippines not only accelerated the productivity of the agricultural sector of the country, but promoted the agro-based industries as well.

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Philippines Ecosystems
Philippines Economics
Rice

Where do you find banaue rice terraces?

Mountain province in Philippines

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Philippines
Philippines Health
Philippines Economics

Can you buy paraffin wax in the Philippines?

no

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Economics
Philippines
Philippines Economics

Several economic problem of the Philippines?

There are several economic problems our country encountered.But the first is corruption, poverty and unemployment and the most problem is misorganization of the government...philippines encounter these problems not only because of the ruler or the government handlers who manage and handle the allabouts of our country, but these problems are done by all...

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Economics
Philippines
Philippines Economics
Philippines Politics and Society

What are the current economic issues in the Philippines?

The Philippine economy is currently facing the problem of cushioning the effects of the global financial crisis on the productive sectors as well as on the most vulnerable group, the poor.

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Philippines
Philippines Economics

Why is handicraft an option for sustainable livelihood in the Philippines?

Because most of the Filipinos at this time can't find a sustainable job for their families , so , some people of the Philippines consider handicraft as an another option in finding a sustainable job . And as far as I know , there's a lot of handicraft jobs here at the Philippines , so , many people were attracted to apply in this kind of job . Many Filipinos were fun of making handicrafts and sell it into different amounts , So for me , even this kind of livelihood is not like the other big companies here in our country , and even it doesn't give a big profit , it still gives hope to those who doesn't have a job . That's why handicraft can be an another option for having a sustainable job here in the Philippines .

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Economics
Philippines
Business Globalization
Philippines Economics

What was the Gross National Product of the Philippines in 2006 and 2007?

The CIA World Factbook (https://www.cia.gov/library/publications/the-world-factbook/index.html) is an easy place to answer questions such as this.

In 2006, the Philippines had a GDP of 116.9 billion dollars at the official exchange rate, and 449.8 billion dollars at purchasing power parity. With a growth rate of 5.4%, this means in 2005, the GDP was approximately 426 billion at ppp, or 110.9 billion at the official exchange rate. That should give a good approximation to GNP, unless the labor from Philippino ex-pats is very large.

== ==

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Economics
Acronyms & Abbreviations
Philippines Economics

What is so gross about the national product?

Economics Answer:

The Gross National Product in one definition is the sum of all final goods and services produces in an economy. It is Gross as it includes depreciation in it. Subtracting the cost of depreciation we get the Net National Product.

== A region's gross domestic product is one of the ways for measuring the size of its economy. The GDP of a country is defined as the total value of the goods and services produced by the residents of a nation in a given period of time (as a year) With such a big crisis in the world today, many people do not believe the official figures published by their governments when it comes to that and they sure think it's all GROSS! ;-) -The outrageous prices we pay for some of them. == Because many of our national products are "gross."

ANSWER: National product is the kind of product that picks its nose in public places. National product picks its scabs while negotiating deals. National product is so gross that vomit gets queasy at the sight of it. National product is so gross you could make a movie about it and it would be the blockbuster event of the year, it is that gross! National product is the type of product that calls flatulence musical theory. National product is the type of product that will pick out sock lent from their toe nails when visitors have come over. This is why national product has become Gross National Product.

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Philippines Economics
Philippines
Philippines Religion and Spirituality
Philippines Statistical Information and Demographics

What are the top 10 richest cities in the Philippines?

Davao City

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Philippines Economics

What is Junior Philippine Economic Society organization?

Junior Philippine Economics Society or JPES is a duly recognized organization for Economics majors in the Philippines.It helps in empowering the youth through economic excellence for more than 20 years. For more details visit: jpes.multiply.com

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Philippines
Philippines Economics

Why does the Philippines have a socialism economic system?

No we don't have a socialist economic system.

We have a neoliberal economic system.

Neoliberal = private interest

Socialism = public welfare

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Economics
Philippines
2008 Economic Crisis
Philippines Economics

What is the cause and effect of economic problem in the Philippines?

because of our government

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Philippines Economics
US Government

What is the head of the justice department called?

Type your answer here... attorney general

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Philippines
Filipino Language and Culture
Philippines Economics

Negative values of filipino?

Negative Filipino Values

"Bahala Na"

This trait means leaving everything to chance or "letting the circumstances take care of itself". It implies fatalism under the pretext of trusting in Divine providence. By saying "bahala na", a person resigns himself to luck as he believes the end-result depends ultimately on fate. It is a Filipino's way of avoiding rationalization or good reason. It is the same as saying, "Que sera sera (whatever will be, will be)".

The Filipino's "bahala na" attitude is everywhere and with everyone. It could apply on big or small circumstances. For instance, a student who suddenly feels lazy to do his homework will just say "bahala na". In this case, he resigns himself to whatever could happen in class the next day.

This negative Filipino trait tends to be the cause of laziness by so many people. A lot of poor people resign themselves to the kind of life they have thinking that it is what God meant for them to have and He will take care of their needs. Their belief is that life finds a solution for itself.

"Ningas Kugon"

Filipinos are fond of starting a project with so much enthusiasm. This enthusiasm is so contagious that it spreads like wildfire. At the first sign of problem or difficulty, this enthusiasm is consumed as fast as it has spread. This is the quintessential Filipino trait "ningas kugon" meaning "grassfire".

This trait is the reason for the Filipino's "show-off" attitude; why so many projects are left unfinished and government officials corrupt.

"Crab Mentality"

The picture is this: when you put several crabs in a crate, they will all try to climb out in order to break free. You'll observe that when one gets a bit ahead, the other crabs will pull him down. A lot of Filipinos are like these crabs. Whenever one sees another progressing in their own field, others become resentful and instead of seeing the achievement of that person, they will try to highlight everything negative about him in an effort to bring him down or tarnish if not lessen the person's newly-acquired good image. It is an unhealthy competition in a way.

Instead of doing things that could help one to develop and become better than his competitors, Filipinos devote so much of their time gossiping and back-biting. It is their way of deviating people's attention on their inadequacy by focusing on other people's faults.

"Patigasan"

This means resisting all efforts to a reconciliation. Because of the Filipino "amor propio" or ego-defensiveness, it is very difficult for them to surrender their pride. It is noticeable that most Filipinos find it difficult to say the word "sorry". It's better for them to act tough ("matigas") rather than say sorry because to do the same is to sacrifice their precious pride.

Manana or "Bukas na"

This is the Filipino habit of leaving for tomorrow what they can do today. Most Filipinos have this habit of postponing their actions for a later time thus reducing accomplishments. Filipinos are fond of saying "bukas na lang" (I'll do it tomorrow) due to laziness. As a result, the work they produce is crammed. This arises from an indolent mentality that a problem will go away by itself.

"Kanya-kanya"(to each his own)

This is the Filipino self-centeredness and lack of regard for others. This happens when most people are similarly situated such us in a calamity and in instances where family is involved as “blood is thicker than water".

In instances however when the others sis not meet the same fate, the Filipino helpfulness comes out. If one is able to help another without danger to himself and his family, they will readily extend a helping hand.

"Balimbing"

A reference to the many-sided star fruit, the term is applied to someone who changes allegiance for personal convenience. The allusion is that the person is not only double-faced, but multiple-faced. This was evident in the Marcos downfall where his cronies and enemies turned against him and embraced the Aquino government. These people are said to be "balimbing".

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Economics
Philippines Economics
European Union

Does marginal cost curve always intersect the average cost curve at the average cost curve's lowest point?

When the marginal cost is below the average total costs or the average variable costs,then the AC would be declining.When marginal cost is above the average cost then the average cost would be increasing.Therefore the marginal cost should intersect with the average cost at the lowest point in order to pull the average cost upwards.

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Economics
Philippines
History of the Philippines
Philippines Economics

Is the Philippines pretending to be poor?

NO!! Philippines is not pretending to be poor.

The Philippines used to be the richest country in South East Asia and was once called "Tiger Economy" due to some political instability and rebellion on the southern part of the country, its economy dropped. Followed by the biggest political drama in Philippine government history, the impeachment of the 13th President Joseph Estrada. Being accused of plunder, graft and corruption, the Philippines experienced a lot of economic problems and since then struggling economically.

The Philippines is not pretending to be poor, It is a developing nation with its own government and a budding economy. Its society is very much comparable to any western first world cities. With its own share of business dedicated cities and industries with technological advancements. It is a contributor to the world culture, economy and politics as much as all other Asian countries are. But a large percentage, some 30+% of the population is living below the level of poverty. This projects the impression that the Philippines is poor.

The people having been overwhelmed by constant difficulty and hardship has evolved to become a harebrained group of people.

The evolution of the Filipino way of thinking which lead to the Filipino way of life has always been designed by the fact that it was a colonized country. When the Europeans set foot on this innocent land they started to deceive the locals into believing that they are bringing prosperity with them. Do not get me wrong, this is the same process of evolution for other colonized civilizations. The Mayans, Amazon Indians, and the North American natives for example. The contrast of us to these groups is that those that were left by the colonizers were left to fend for themselves and for the group where the colonizers stayed, continuous growth and development was sustained. Now, why is that? Is it simply because the colonizers had developed technology ahead of the colonized civilizations?

To get back on track, when the locals of the Philippines felt that the colonizers came to overcome their rights, this has led to a revolt. 350 years of rule has cultivated a mindset of rebellion. Consider though, that the Philippines is a tribal land, with chiefs ruling from one island to the other. Thus the "this is mine" mindset has always been inculcated into a Filipino brain cell. Oh, yes even the early Vikings had that, but the white race has learned to integrate their interest earlier than the other races. Another example are the Africans, up to these days they still openly act and practice this tribal attitude. Therefore it is not illogical to analyze that many African nations are way behind the development of civilization in comparison to First world countries. Its like breeding a pit-bull. It takes generations to create a fighting trait from a domesticated breed. And vice versa, it will take generations to reverse the process from being domesticated to become wild again. Why do I have to compare this situation to breeding of pit bulls? Well, it is natural science. The Filipino gene pool is full of people who have a mindset of hungry, oppressed, envious and greedy, deceptive individuals. For some, these are hidden behind a mask of sacrifice, humility and hard work.

Before World War II The Philippines is second only to Japan in manners of development and prosperity. After World War II, the Philippine government is constantly in decline towards national poverty. The truth behind the difference between Japan and Philippines is that Japanese people bounced back from being defeated and humiliated to become one of the worlds superpower because the mindset of the people is pride of what they do. They want to prove that they can do it without asking from anyone. The Filipinos did not bounce back because the mentality is already corroded by the desire to survive. This came from the colonized mind. Some country tried to colonize Japan, but the Japanese heart were never colonized and has always taken pride of their distinction as a race. The colonized Filipino have to portray a mask of integration towards its colonizers even way back more than 350 years. That is why the mindset of "taking care of ones own" is a subconscious desire for Filipinos. That is why there will never be a sincere leader nor a sincere follower. The acts of national heroes who the Philippines is trying to portray as their example of patriotism is basically another specimen of colonized mindset. The national hero (1896) for example has long integrated with the European colonizers to blend in, but literally had an internal desire to regain his identity by subversive rebellion. The last hero to have been assassinated (1987) may have sparked a gleam of hope trying to represent the ideal of democracy. Nevertheless he could have been representing his own political interest and had died in the process. These heroic symbols has never changed the mindset of the locals. Political leaders took this opportunity to further loot the government of its resources because the people were led to believe that they have suppressed a dictatorship and is now a democracy. But, uncontrolled, undisciplined freedom, without restrain is just as barbaric and uncivilized. This is no different from surviving from the hands of its colonizers. This characteristic trickles down from the top leaders of the country into political and religious groups and down to the smallest cell of the Filipino bloodline. In comparison the founders of America and other Great empires of this world were men of their own races who only wanted to become great in things that they do, not over others. Imagine, The Ceasars of ancient Rome, Genghis Khan, Alexander the Great, King Henry VIII, Napoleon, The Czars of Russia, George Washington, Abraham Lincoln, Emperor Hirohito and even Adolf Hitler. Not all these are righteous men, but they are men of their own races, not colonized, who wanted their nation to become great. They did not need to ask anyone for favours, they did it themselves. You must take notice that those who held on to power were eventually led to their downfall and those who passed on their legacy were led to greatness.

I am writing this article not to offend my countrymen, but to wake them up from this primitive mindset. Because there are millions of us who are trying to get out from this humiliating representation in which the Filipino race and country itself is known. There are hundreds if not thousands of millions of Filipinos who can achieve greatness. Change will not just come from those who lead, but from all of us who chose them, who follow them and execute the way of life that is ideal towards the development of a nation. We can stop the "padrino" attitude, the "utang na loob", the greed, envy, deceit and crab mentality and all the other mask which we use to fool people to give us favours. We can have all the riches in this world but it will never change the true person within ourselves. But like I said, it will take generations to breed this out of our subconscious.

We have to start from within, to pause and think back that we can live life, even if not materially prosperous but we can live a worry free and pride filled life without having to pull anybody down. We have to learn to live what the world gives because this world have so much but it is not without end. We can work hard but we should not be slaves to greed. We have to enjoy hard, the simple pleasures of life. If we act hungry, then we should not eat more than we can chew. If we taste the real flavour of food, then it is more pleasurable than hogging and stuffing ourselves. If we act like slaves then we will be slaves to everything this world has to give. If we act like freemen, then Freemen we should be. So is true for everything we do in this life. When we eat, work and live. Taste your food, do not be greedy, there will be and there should be enough for everyone. Stop when you had your fill. Live your life and you will find that the mind is so very powerful that discipline can make all the difference. They say knowledge is power and it is only so if you use it properly. If we can achieve this harmonious approach to living, only by then we have raised our standards to civilized level that we may and can eventually achieve prosperity. We must let go of greed and power and must pass on our legacy. For now, we have to contain to the fact that all our refined effort will be collected into one and hope it will eventually breed out the unsophisticated character that are innate, in a massive number of our people.

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Philippines
Currency Conversions
Philippines Economics

Solution of the decline of the Philippines peso?

putang ina mo

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Economics
Philippines Economics

Two broad areas in the study of economics?

microeconomics and macroeconomics

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Bowling
Definitions
Philippines Economics

What are the rules of bowling?

What are the rules for bowling

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Computer Networking
Business Accounting and Bookkeeping
Philippines Economics

Why additive increase multiplicative decrease algorithm is useful for dynamic congestion widow?

Cause it converges to fairness line at last.

See the diagrams provided in many slides to see what does this convergence means.

it reduces idle time of connection and maintains a good throughput that finally converges to fairness line.

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Philippines
Philippines Economics

What are five economic problems of the Philippines their solutions and potential effects?

poverty and hunger

overpopulation

graft and corruption

unemployment

educational problem

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Philippines Ecosystems
Philippines Economics
Rice

What tools did they use to make the Banaue Rice Terraces?

what are the tools were used to build the rice terraces

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