Ilp in Contemporary World

Download as docx, pdf, or txt
Download as docx, pdf, or txt
You are on page 1of 5

Independent

Learning Process

In
Contemporary World

Submitted by: Francesca Danielle B.


Cornago
Submitted to: Ms. Jasmine Bulanhagui
1. Study and analyze the present economic situation in our country.

 As for today our economic system has change the rate of

inflation increases because of the total population living in our

country. The more people who live the more chances of

having a high rate in production of goods every human being

has there own needs but how can people buy their needs if

the value of that certain goods was too expensive.

 The economy of the Philippines is the 34th largest economy by

nominal GDP according to the 2017 estimate of the

International Monetary Fund’s statistics, it is the 13 th largest

economy in Asia.

2. Which economy is better, under the administration of former

President Benigno Aquino Jr. or the present administration of

Rodrigo Duterte?
 For me the better administration is from the present President

because first as a citizen of the Philippines, I can see the

change within the people who turn away from being a drug

addict into a better person, it’s not that easy for them because

they live in that process of life just to earn something but they

choose to turn away from it. Second is the people in the

government who corrupt so much he remove those people

from their places, that why I choose his administration.

 Being the President of one country is not easy because many

people will make an issue about you so that those people who

in favour in you will not vote you President Rodrigo Duterte is

a man of his words he doesn’t care if people may thing

negative thoughts about him, he said what he wanted to say

even if it’s a foul words he doesn’t care. He is brave man he

didn’t mind those people who persecute him.


3. What factors do you think affects the economic situation in a

certain country?

 Inflation

 Unemployment

 Population

 Natural Resources

 Law

 Capital of Infrastructure

4. As a student, in what ways can you help boost our economy?

 As a student I can help to boost the economy in a way that I

will help those people in need like those children’s who wanted

to learn but they are lack of money and capabilities to provide

for themselves, having a good education can help you to have

a better work, a work that can help you to supply the needs of

your family.
5. What is the importance of economy in globalization?

 Globalization is the process of increased interconnectedness

among countries. The prosperous economic development that

is typically gained because of the increased

interconnectedness among countries usually results in a better

standard of living, and an overall improved quality of life.

 The importance of economy in globalization is it focuses on

the integration of global economies as well as the flow of trade

and capital across nation borders.

You might also like