Essay about philippine economy 2018
From: Bepreet M.
Category: role student
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The Philippines is still primarily an agricultural country despite the plan to make it an industrialized economy by Most citizens still live in rural areas and support themselves through agriculture. Secondary crops include peanut, cassava, camote a type of rootcrop , garlic, onion, cabbage, eggplant, calamansi a variety of lemon , rubber, and cotton. The year was a bad year for agriculture because of adverse weather conditions. Sector output shrank by 8. Yet, hog farming and commercial fishing posted declines in their gross revenues in
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Philippines Economic Update: Investing in the Future
Economic Development Perspective of Philippines - Term Paper
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PH economy growing but poverty still high – World Bank
MANILA, Philippines — Although the Philippine economy continues to grow, around 22 million Filipinos or one-fifth of the country's population still live below the national poverty line. Latest data from the World Bank showed poverty in recent years did decline, with This decline was mainly due to the expansion of jobs outside of agriculture, the government's Pantawid Pamilyang Pilipino Program 4Ps , and remittances from Filipinos abroad.
The reason for this may be because of its small size and location because it doesn't connect with the other Asian countries. Regardless of these small minor details, the Philippines are very well rounded and have many English influences. In fact, English is one of their official languages next to Filipino. Vibrant, colorful, skillful, and graceful, these are some of the words that people might think if they hear the words Philippine dances.
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