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REACTION PAPERS
ECONOMICS 10

Mrs. Cristina Layug
Teacher

Technology and the Economy

Synopsis:
Productivity is one of the most important indications of economic development. It is the measure of output from processes of production, per unit of output. Productivity can also be seen as a means to measure the efficiency of production. This means more results over a shorter period of time. Economic experts agree that improved productivity permanently improves the standard of living in a particular country.

Reaction:
When consumers stop spending revenue streams for corporations dry up. If you're not in the essential industry (food, water, clothing) generally your products are the first to be ignored as consumers reduce spending. This is prevalent by the amount of jobs lost across the globe.

Impact of Over Population

Synopsis:
Large families lessen the capacity of households to save and invest in human capital. This, in turn, limits the economy’s capacity to accumulate capital. A country with a rapidly population needs more investments to keep up with its growing workforce. If investments fail to keep up, productivity will eventually suffer. Reaction:

Overpopulation has a definite effects in our country’s economy. First of all, when countries are overpopulated, the hardly have enough food to support themselves, never mind the hope of having a surplus to sell. In an attempt to save people from starvation, the government will most likely have to rely on foreign dept.

Peace through Education
Synopsis:
In many remote and poor areas in the Philippines, children walk long distances just to attend classes in schools. Many of these schools, sad to say, are poorly-maintained and ill equipped. Such situations are common in the country, and an affirmation that education is one’s gateway to brighter future.

Reaction:
Education is the key to uniting nations, bringing human beings closely together. In many parts of the world, civil society suffers because of situations of violent conflicts and war. It is important to recognize the crucial role of education in contributing to building a culture of peace and condemning instances in which education is undermined in order to attack democracy and tolerance.

GOCC Governance Act of 2011
Synopsis:
The main aim of the GOCC law is to promote financial efficiency in GOCC’s & government financial institutions. It also aims to strengthen the state’s role in the management of GOCC so it will be responsive to Public needs.

Reactions:
President Aquino said this term of office will compel the executives and directors to work judiciously and diligently for a year. Underscoring this is the rigid and strict selection process of appointing heads of GOCCs. The GCG chairman may also conduct a special audit in any of the GOCCs for a particular reason.

The ABC’s of the stock market
Synopsis:
Stock market trading is an important indicator of a country’s economic well being. A stock market that is strong is when local companies price of shares rise which also means that the economy is in pretty good shape. The rise in prices of stocks means that the investors of a certain company are confident about the current standing of the company thus, the general consumers also have the same confidence in the economy or product they offer.

Reactions:
Learn how to invest in the stock market. Not only do you have to first learn the principles that govern the stock market, stock valuations, and the different stock market strategies, but you must apply those investment principles to the real world.

Going Freelance: Creating goals as a first step
Synopsis:
Filipinos always say that they are no job vacancies in the Philippines, but the thing is, there are lots of jobs available. In reality, people nowadays are just looking for higher paying jobs. Freelancing is about working for your passion and focusing on your strengths. If...
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