Various descriptions to illustrate the country’s advantages are the country’s strategic location, hardworking and English-speaking people, continuous infrastructure for global growth, democratic government, liberalized economy, etc.
What are the advantages and disadvantages of the Filipino values?
Disadvantages- it creates passive aggressiveness, unassertiveness, lack of leadership skills. Explanation: being hospitable, kind, humble, Loving, caring, respectful, shows empathy and etc. The advantages of this values vary a lot on how people internalize, act it, and preserved it.
What does the Philippines have a comparative advantage in?
Although the Philippines have a comparative advantage in rice production, exports were unprofitable for the government-marketing agency in 1977 to 1979. Government control of exports puts a barrier between world and domestic markets so that world quality premiums are not reflected in domestic prices.
What are the disadvantages of the location of the Philippines?
Because of the scattered islands that make up the country, this becomes a hindrance to fully communicate fast in the whole archipelago. 2. The Philippines government is not able to fully support and manage the areas that are far, especially those that are located in the far mountainous provinces.
What is the strength of Philippine economy?
The year 2020 began with the Philippine economy in a position of strength. Real GDP growth had averaged at above 6 percent over a 10-year period, or a 6.4 percent average from 2010 to 2019.
What Filipino values is the most important for you?
being hospitable, kind, humble, Loving, caring, respectful, shows empathy and etc. The advantages of this values vary a lot on how people internalize, act it, and preserved it. Thus, this are some actions that will help every individual to boost their intra and interpersonal relationships in the society.
What are the important Filipino values?
What are the basic values of Filipino?
- Family orientation.
- Joy and humor.
- Flexibility, adaptability, and creativity.
- Religious adherence.
- Ability to survive.
- Hard work and industriousness.
Why Filipino is hospitable?
Hospitality. This is the most common terminology that describes how Filipinos welcome foreigners or tourists who visit the country. … For Filipinos, it is a pleasure and the country’s honor to accept foreigners as visitors and build genuine relationships and friendship with them.
Do you consider the Philippines as a third world country?
The Philippines is historically a Third World country and currently a developing country. The GDP per capita is low, and the infant mortality rate is high. … China is a developing country today and is part of BRICS.
What is an example of an absolute advantage?
Absolute advantage is an economic term that describes when one producer of a good or service can make that product at a lower cost than another. … For example, Nebraska might have an absolute advantage in producing corn when compared to Massachusetts, even though they are both part of the same country.