Social, Economic and Technological Facotrs Present in the Philippines
ECONOMIC
Over the years, the Philippines has gone from being one of the richest countries in Asia to being one of the poorest. It has experienced growth and development since World War II. The current administration under President Gloria Macapagal-Arroyo is aiming for a more rapid growth in the coming years. In 2004, the Philippine economy grew by 6.1% surprising everyone. In 2005, the Philippine peso appreciated by 6%, the fastest in the Asian region for that year. At present, the administration is meeting its expected target growth and is continually looking positive for the future.
With its tropical climate, heavy rainfall, and naturally fertile soil, the Philippines is predominantly agricultural. It also has other industries that help boosts its economy: textiles, pharmaceuticals, chemicals, wood products, food processing, electronics assembly, petroleum refining, and fishing.
Consumption pattern in the Philippines is shifting over time. Once, the main priority for expenditure is on food, then education and health. Now, part of the expenditure pattern of an average Filipino is to spend a portion of their income on leisure and relaxation. Part of leisure expenditures are the buying of alcoholic beverages. And one of the newest entrants in this commerce is the wine industry. It has posted the fastest growth rate of 15% in 2005 among the alcoholic drinks. The population now has increasingly warmed to wine. It has shifted from the mass spirits (beer) to the more sophisticated, affordable and healthier alcoholic beverage.
SOCIAL
One of the most familiar characteristics of the Filipinos is close family ties. An individual's decision will most likely be influenced by his/her family. A Filipino derives his/her inspiration from the family and this is where one's efforts will go. In typical homes, members of the extended family live under one roof. They have this notion of the more, the merrier'. Holiday celebrations and feasts are typically spent by the family and relatives together.
The Philippine society is also typified by the strong influence of its colonization. It has imbibed certain customs and habits from its past colonizers. The Spanish has taught Filipinos to be religious and this is still manifested in today's rich tradition of fiestas. Filipinos are a bit extravagant when spending for fiestas and holidays. This is because they want to conform to the social norms regarding these events.
Economic returns in the global market place have been influenced by trends in wine consumption. Figure 2 shows a trend of decreasing wine consumption from 2007 - 2011 in most old world countries while new world countries were increasing their consumption. This is due to the diversification of alcoholic beverages in the old world countries and the growing wine popularity in the new world
People of Filipino decent have a rich culture that emphasizes tradition and family; as well as allows for a political and sociocultural movement for Filipino immigrants in their new countries. Theme one focuses on the concept of culture and how Filipinos present themselves as a race. Although they reside in the United States, it was rare for most informants to identify themselves as Americans. Rather, they viewed their culture as being morally correct and righteous and American culture as deviant or aberrant. Explicitly, the issue with Filipinos in terms of American culture was their concept of family and the U.S. families’ lac k thereof. They argue that in their culture family is a dominant aspect that preaches assistance and care for one another. Additionally, they disagree with the ideology that American families have in terms they raise their children. Filipinos take care of their children and continue to offer them resources and shelter regardless of their age. Conversely, they believe that American parents lack in care for their children and ultimately get the same from them in return. Filipino culture also emphasizes gender roles and restrictions, particularly female gender. Females are expected to take on the role of the
Generally speaking, other alcoholic beverages can be viewed as being a substitute for wine. However, specific substitution of wine in the New World is low because most individuals prefer to purchase wine from a retail facility instead of producing their own. Where as in the Old World the option of producing wine...
The first inhabitants of the Philippines arrived from the land bridge from Asia over 150,000 years ago. Throughout the years, migrants from Indonesia, Malaysia, and other parts of Asia made their way to the islands of this country. In the fourteenth century, the Arabs arrived and soon began a long tradition of Islam. Many Muslims are still living in the Philippines today.
Apart from Manila, several other areas, more specifically provinces, were also affected by the developments. These provinces which experienced the massive conversion from agricultural lands into “residential, commercial a...
In order for any country to survive in comparison to another developed country they must be able to grow and sustain a healthy and flourishing economy. This paper is designed to give a detailed insight of economic growth and the sectors that influence economic growth. Economic growth in a country is essential to the reduction of poverty, without such reduction; poverty would continue to increase therefore economic growth is inevitable. Through economic growth, it is also an aid in the reduction of the unemployment rate and it also helps to reduce the budget deficit of the government. Economic growth can also encourage better living standards for all it is citizens because with economic growth there are improvements in the public sectors, educational and healthcare facilities. Through economic growth social spending can also be increased without an increase of taxes.
Family by its nature is a social unit wherein children grow up and it acts like the socialization agent. Children receive their earliest and most consistent socialization here in the family. In a family it is very important as to how parents cater the needs of their children and how children take care of them in return. Parents as well as the child are very important part of the developmental process, as it is the parents who will shape the children as what they will become. The parent child relationship influences each other and together they shape the relationship they engage in it. Family is a social unit where in all the members living together is related to one another. Family is regarded
The Article discussed inflation in the Philippines this year, its effect to the economy and how the country handle it over time. The analysis looks into the macroeconomic issues that affects economics. It focuses on the main points about inflation. This will cover how inflation are being measured, the effects on demand and supply and analyse the relationship of inflation to the Philippine economy.
The climate is dry and hot from March to May and wet during typhoon season from June to October. The national language of the Philippines is Filipino although there are several other dialects. As with many formerly colonized nations English is the language used for most business and legal transactions. Cantonese, and Mandarin are spoken by older members of the Filipino-Chinese community. Most Filipinos belong to the Roman Catholic faith. Filipinos also practice Islam and Buddhism. Of the 70 million people residing in these islands, 70% are farmers making agriculture the most important economic activity.
The family unit is as diverse as the societies they each represent. This sometimes can manifest traditional roles of doting mothers and providing fathers into a home with two sets of parents (Kurrien & Dawn Vo, 2004). Therefore, the involvement and importance of the extended family: grandparents and other family members such as aunts and uncles play a significant role in both its economic and social function.
The Philippine society consists of distinct class systems which depend, number one, on the family background of a person, then number two, the socioeconomic level. Which family you come from, whether they are in business, in politics, etc. is very important. People really look at surnames. If you have a revered surname you get some kind of automatic respect, even if you are not a very kind person. Money also matters but if you have just recently encountered your wealth and you do not belong to the right kind of family, chances are you will be considered "nouveau riche."
In this discussion, I will be explaining how I define family. I will also include my immediate and extended family. I will also describe what family means to me, how mine differs from other families in my neighborhood, and also how they are similar. I will also describe my family’s ethnicity and how it may affect any of my family’s health.
Philippines: Country Profile 2004 1 Dec. 2004 The Economist Intelligence Unit Limited 2004 15 Dec. 2004 www.eiu.com
A. A. The Philippines People, Poverty and Politics. New York: The New York Times. St. Martins's P, 1987. 1-225.
When a typical Filipino thinks about the influences of the Spaniards, Religion and Christianity would immediately come to mine. Since without a doubt, the spreading of Christianity was their main priority of coming in the Philippines. However, often shadowed are the contributions of the Spaniards in other aspects in Philippine culture. Specifically, the idea that the Spaniards; particularly, the friars brought the natives the whole new world of “culture”. Hence their name culture heroes of the Filipinos.