PHILIPPINE ECONOMIC DEVELOPMENT

ESSAY:.

Instructions: Please answer the following questions concisely. Please give examples and specific situation to illustrate further.

1. Discuss the following signs of Economic Development and be able to relate them to your locality.

Ref:

SIGNS:

-Rise of the Philippine currency against the dollar

-Decreasing unemployment rate

-Positive results from economic indicators

-a decrease in the country's debt

-When economists say that our economy is good

2. If you will be given the opportunity to recommend to the new set of Congressmen and Senators, what specific laws should be crafted in order to pump prime, jumpstart economic activities for Economic Recovery? Introduce your answer into the following areas. Explain it fully.