logo image

Philippines economic system Essay

Equality of Income Distribution Income of Filipinos, which are most commonly measured by household or individual, is distributed in an uneven manner It is noted that the income of the Philippines’ richest ten percent of the population was in fact twenty times the income of the poorest ten percent of the population One main factor of economic inequality is the lack of adequate education opportunity in the country Abundance Large of Philippines economy is based on Agriculture. As you can see a large part of the Philippines land is suitable for farming. There are also good mining opportunities within the country, with good reserves of nickel, copper and chromites.

Economic Sovereignty Multi-millionaire businessmen owning large companies in the Philippines have been controlling wide scopes in country’s economy. This results to the division between the miniscule elite and the masses including the sinking middle class Recommendations Philippines should invest begrime on its education system. The more educated the people are, the more they are productive. The more they become productive, the more the economy will be strong. Investing to Filipino scholars to study abroad might also help. Because after they are done with their studies, they can take home their knowledge

Need essay sample on "Philippines economic system"? We will write a custom essay sample specifically for you for only $ 13.90/page

gathered abroad and apply it to the country. Philippines economic system By honcho

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy