MICROECONOMICS

Coursework Activity No. 2 General Instructions:

QUESTIONS:

1. Are all factors of production are equally important? How did you say so?

2. The Philippines, officially the Republic of the Philippines, is an archipelagic and agricultural country. How come we experience scarcity and inflation, specifically on our basic agricultural commodities and if you wil observe, very high prices of our seafood?

3. Tourism is an important factor in any economy, it generates an income of millions of dollars. In a 2022 recent survey, Singapore, Thailand, Indonesia, Malaysia, and Vietnam ranked as the five most visited countries in Southeast Asia. Why do you think our country was not part of it? Why do international foreigners skip the Philippines?

The Cry of Balintawak

Guide 10. Activity 1.

1. Based on Ambeth Ocampo's analysis, where was the first cry of revolution?

2. Who were the sources or eyewitnesses mentioned in the article of Ambeth Ocampo in validating the original place of the first cry?

3. Who among the sources considered most reliable in terms of the place of the first cry of revolution? Explain.