BASIC ECONOMIC PROBLEM OF THE COUNTRY Flashcards

1
Q

what are the basic economic problem of the country

A

unemployment, poverty, quality of infrastructure, income inrquality

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2
Q

number of people entering the job market has been greater than the number of the jobs created is a cause of?

A

unemployment

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3
Q

the rural-urban migration increases due to employment opportunities is a cause of?

A

unemployment

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4
Q

proper economic policies for labor-intensive companies is a solution for?

A

unemployment

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5
Q

educational system must be improved especially in the rural areas is a solution for?

A

unemployment

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6
Q

improvement of economic environment in the rural areas to minimize rural-urban migration is a solution for?

A

unemployment

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7
Q

encourage local and international investment through provision of attractive investment opportunities like tax incentives is a solution for?

A

unemployment

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8
Q

slowing population growth. Philippine economic growth must increase faster than population is a solution for?

A

unemployment

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9
Q

increase in population, increase in the cost of living, unemployment, income inequality are the causes of?

A

poverty

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10
Q

reduce unemployment through more job opportunities is a solution for ?

A

poverty

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11
Q

proper policy in labor income is a solution for ?

A

poverty

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12
Q

faster economic growth to improve standard of living is a solution for?

A

poverty

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13
Q

provision of unemployed benefits for those who will be unemployed is a solution for?

A

poverty

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14
Q

direct government policies to keep the price of essential products low is a solution for?

A

poverty

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15
Q

increase social services on education, health care, and fund subsidies is a solution for?

A

poverty

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16
Q

lesser budget allocation, bottlenecks, quality, and timeliness of service, improper planning and coordination, reform key sectors to reduce corruption are causes of?

A

quality of infrastructure

17
Q

the government shall implement fiscal reform program is a solution to?

A

quality of infrastructure

18
Q

increase quality infrastructure investment is a solution to?

A

quality of infrastructure

19
Q

investment in public-private partnership to address bottlenecks is a solution to?

A

quality of infrastructure

20
Q

proper planning and coordination of budget is a solution to?

A

quality of infrastructure

21
Q

palakasan and utang na loob system, indirect taxes, unequal policy on payment of taxes, and financial education are the causes of?

A

INCOME INEQUALITY

22
Q

reform people’s political culture is a solution to?

A

income inequality

23
Q

policies to enforce progressive rates on direct taxation is a solution to?

A

income inequality

24
Q

encourage profit sharing, raise minimum wage and expand collected bargaining is a solution to?

A

income inequality

25
Q

strict government regulation to keep essential products low is a solution to?

A

income inequality

26
Q

educate the poor to become entrepreneurs is a solution to?

A

income inequality