philippines
Title: philippines
Category: Law & Government / Government & Politics
Details: Words: 507 | Pages: 2.2 (approximately 235 words/page)
philippines
The Economy of the Philippines
Per Capita Income: The per capita income of a certain country is the GDP of that country divided by the total population. In the Philippines the per capita income is approximately 0. When compared to the per capita income of the United States, which is about ,000, it is easy to tell that the economy of the Philippines is very, very poor.
GDP: Growth: 5.7%
GDP= 82.8 billion dollars
% FROM AGRICULTURE: 17.1 (important because you …showed first 75 words of 507 total…
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…showed last 75 words of 507 total…join unions. The prices are generally determined by free market forces, with only a few exceptions.
Conclusion: Although the Philippines economy is weak, and the unemployment rate is high, the Philippines are showing some signs of improvement. It has recently become a more open economy, allowing for more free trade and free market forces. As this process continues, trade with the Philippines will increase, and eventually, a more capitalistic and a successful economy will emerge.
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