answersLogoWhite

0


Best Answer

There are several economic problems our country encountered.But the first is corruption, poverty and unemployment and the most problem is misorganization of the government...Philippines encounter these problems not only because of the ruler or the government handlers who manage and handle the allabouts of our country, but these problems are done by all...

User Avatar

Wiki User

βˆ™ 14y ago
This answer is:
User Avatar
More answers
User Avatar

Wiki User

βˆ™ 10y ago

Some of the different economic problems of the Philippines include the fact that they have more exports than imports. This uneven balance causes issues in the economy. The country also does not have a strong economy, they rely on former residents who no longer live in the country to reinvest in them.

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 11y ago

The most serious economic problems facing the Philippines today is the poverty because of the low savings rate and lack of employment opportunities. Followed by illegal drugs and unemployment.

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 13y ago

1.Unemployment

2.Housing

3.Health and Sanitations

4.Illegal Drugs

5.Prostitution

6.Peace And Order

7.Poverty

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 10y ago

Poverty Corruption Terrorism Expensive Commodities Hunger
scarcity and shortage of goods and services

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 10y ago

The basic economic problems in the country of Philippines is high unemployment. For those that are employed low wages is another economic problem.

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 14y ago

scarcity

corruption

unemployment/underemployment

corruption

hunger

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 14y ago

unemployment issues

This answer is:
User Avatar

User Avatar

Wiki User

βˆ™ 12y ago

community

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What are several economic problem confronting the Philippines?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What is the current Philippine socio-economic problem?

Current socio-economic problems the Philippines faces is corruption. Corruption is prevailant at all government levels of the country and is currently facing several scandals nationwide.


What happens during an economic depression?

During an economic depression threes a lack of economic activity that can last for several years.


What were Ralph Recto's contribution as an economist?

During Ralph Recto's time in the House of Representatives in the Philippines, he introduced several pieces of legislation that lead to economic reforms as well as some that offered a certain amount of relief to conditions of poverty.


Biography of Gerardo Sicat?

Dr. Gerardo P. Sicat, an economist and author of several economic books and textbooks, is a Professor Emeritus of the University of the Philippines School of Economics and a former Minister of Economic Planning. He is also the first Deputy General of the National Economic Development Authority (1972-1980).


How is the standard of living in Philippines?

I have been to the Philippines several times in the process of marrying my wife of two years. The people in the Philippines are very friendly, however you must understand that it is a third world country and they lack many things that we take for granted in the first world. The one thing that stands out the most in my mind is the widespread poverty and the government's inability to correct this problem. The other major problem there is the air pollution from the many cars and jeepnies that constantly run all over the country. However in spite of these negative attributes, the Philippines and its people are wonderful. I look forward to going back.

Related questions

What is the current Philippine socio-economic problem?

Current socio-economic problems the Philippines faces is corruption. Corruption is prevailant at all government levels of the country and is currently facing several scandals nationwide.


What are the national issues in the Philippines?

The Philippines faces several issues on a national level. Most importantly, the country faces economic, political, and health related issues.


Who is the gay in the Philippines?

There are probably several thousand people in the Philippines that are homosexual.


What are the top Japanese companies in the Philippines?

There are several Japanese companies in the Philippines. The top Japanese companies in the Philippines are i-BRIDGE, JGC Philippines, and Fujitsu.


Which people have formed an economic oligarchy in several Latin America countries?

which people have formed an economic oligarchy in several latin American countries


What happens during an economic depression?

During an economic depression threes a lack of economic activity that can last for several years.


Who owns a Rolls-Royce in the Philippines?

The Dominguez Brothers they have several of them.


Where to buy girl scout uniforms in the Philippines?

There are several places to buy Girl Scout uniforms in the Philippines. Purchasing them from eBay is always an affordable option.


Limitation of the study of anthropology in the Philippine setting?

The limitations of the study of anthropology in Philippine settings is simply based on financing. There are not many archaeological digs happening in the Philippines. This is due to poor economic conditions, which have seen countless students abandon their studies in favor of jobs and domestic labor. Several colleges and universities have also felt the brunt of the economic situation. As a result, several planned excavations and studies have been cancelled until the financial situation is rectified.


In Which type of economic system does the government make no economic decision?

There are several such systems, but the most popular is the laissez-faire system.


What country tried to invade the Philippines?

There were several countries that tried to invade the Philippines. Among these are Japan, Spain, United States, Great Britain, Portugal and the Netherlands.


Why are there several different economic goals?

There are several economic goals because no single factor will improve the economy. Job creation and capital investment often are interrelated, but it requires different actions to achieve gains in both of them.