About this document
Overview of the Philippine Economy by Jayvee Felipe is a document available to read on EtoBox.
- GDP is a measure of the total value of goods and services produced within a country. A higher GDP means a country is producing more, and citizens have higher incomes and spending. An ideal GDP growth rate is between 2-3%. - The Philippine economy is transitioning from agriculture-based to more services and manufacturing. Its mixed economic system includes private freedom and government regulation. Major exports include electronics, garments and copper products. - Despite economic growth, poverty rates h
- Author
- Jayvee Felipe
- Language
- EN