BASIC ECONOMIC PROBLEM OF THE COUNTRY Flashcards
what are the basic economic problem of the country
unemployment, poverty, quality of infrastructure, income inrquality
number of people entering the job market has been greater than the number of the jobs created is a cause of?
unemployment
the rural-urban migration increases due to employment opportunities is a cause of?
unemployment
proper economic policies for labor-intensive companies is a solution for?
unemployment
educational system must be improved especially in the rural areas is a solution for?
unemployment
improvement of economic environment in the rural areas to minimize rural-urban migration is a solution for?
unemployment
encourage local and international investment through provision of attractive investment opportunities like tax incentives is a solution for?
unemployment
slowing population growth. Philippine economic growth must increase faster than population is a solution for?
unemployment
increase in population, increase in the cost of living, unemployment, income inequality are the causes of?
poverty
reduce unemployment through more job opportunities is a solution for ?
poverty
proper policy in labor income is a solution for ?
poverty
faster economic growth to improve standard of living is a solution for?
poverty
provision of unemployed benefits for those who will be unemployed is a solution for?
poverty
direct government policies to keep the price of essential products low is a solution for?
poverty
increase social services on education, health care, and fund subsidies is a solution for?
poverty
lesser budget allocation, bottlenecks, quality, and timeliness of service, improper planning and coordination, reform key sectors to reduce corruption are causes of?
quality of infrastructure
the government shall implement fiscal reform program is a solution to?
quality of infrastructure
increase quality infrastructure investment is a solution to?
quality of infrastructure
investment in public-private partnership to address bottlenecks is a solution to?
quality of infrastructure
proper planning and coordination of budget is a solution to?
quality of infrastructure
palakasan and utang na loob system, indirect taxes, unequal policy on payment of taxes, and financial education are the causes of?
INCOME INEQUALITY
reform people’s political culture is a solution to?
income inequality
policies to enforce progressive rates on direct taxation is a solution to?
income inequality
encourage profit sharing, raise minimum wage and expand collected bargaining is a solution to?
income inequality
strict government regulation to keep essential products low is a solution to?
income inequality
educate the poor to become entrepreneurs is a solution to?
income inequality