What are the economic problems encountered in the Philippines?

What are the economic problems encountered in the Philippines?

Causes of Poverty

  • low to moderate economic growth for the past 40 years;
  • low growth elasticity of poverty reduction;
  • weakness in employment generation and the quality of jobs generated;
  • failure to fully develop the agriculture sector;
  • high inflation during crisis periods;
  • high levels of population growth;

What are the major problems in the Philippines?

The Philippines also suffers major human-caused environmental degradation aggravated by a high annual population growth rate, including loss of agricultural lands, deforestation, soil erosion, air and water pollution, improper disposal of solid and toxic wastes, loss of coral reefs, mismanagement and abuse of coastal …

What are 3 economic problems?

Economic systems as a type of social system must confront and solve the three fundamental economic problems:

  • What kinds and quantities of goods shall be produced, “how much and which of alternative goods and services shall be produced?”
  • How shall goods be produced? ..
  • For whom are the goods or services produced?

What are the 4 economic problems?

Solved Question on Basic Problems Of An Economy Answer: The four basic problems of an economy, which arise from the central problem of scarcity of resources are: What to produce? How to produce? For whom to produce?

What are the current problems in the Philippines?

Factbook > Countries > Philippines > Geography . Environment – current issues: uncontrolled deforestation especially in watershed areas; soil erosion; air and water pollution in major urban centers; coral reef degradation; increasing pollution of coastal mangrove swamps that are important fish breeding grounds.

What are the common social problems in the Philippines?


  • Violence.
  • Religious conflict.
  • Political conflict.
  • Water shortage.
  • Minimum wage.
  • Mental health and suicide.
  • Illegal logging.
  • Same-sex marriage.
  • Healthcare issues.
  • What are the common problems in the Philippines?

    Most Common Dental Problems in the Philippines Tooth Decay. Tooth decay affects about 92.4% of Filipinos which means that majority of the people here in the Philippines experience tooth decay. Teeth Discoloration. Everyone would love having pearly white teeth that enhances their face and confidence. Periodontal Disease. Teeth Sensitivity. Misaligned Teeth.

    What are the social issues in the Philippines?

    In the Philippines, disability is one of the social issues affecting a portion of the Philippines’ population. To ensure the equality and rights of disabled persons, there are Philippine laws and policies that were passed regarding persons with disabilities (PWDs).

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