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analyze socialism and capitalism in relation with the Philippine society which of these economic system would in our country.
JHONNA MAE M. GANZALE BSCRIM1 BLOCK A Socialism Yes it would work in Phillippine society because socialism is an economic system characterised by social ownership and control of the means of production and cooperative management of the economy, and a political philosophy advocating such a system.Socialist systems have a number of policy tools to help them achieve these goals. Nationalization of key industries such as mining, oil, and energy allows the state to invest directly, set prices and production levels, publicly fund research, and avoid exploitation. Wealth redistribution can occur through targeted, progressive taxation and welfare policies such as free/subsidized education and access to housing. Social security schemes also provide security in old age, while minimum wages, employment protection, and other labor rights ensure a fair wage and safety at work.
blog about advantages and disadvantages of using (a) broad and Inclusive Definition (B) narrow and exclusive definition of globalization.
JHONNA MAE M.GANZALE BSCRIM1 BLOCK A Broad and Inclusive Definition Broad and inclusive globalization refers to the potential for people or forces involved in a country's development to profit as well. In a word, broad and inclusive globalization allows everyone to participate in management so that a country's ideas or plans are reflected in its policies. Advantages of Broad and inclusive Globalization * Everyone has an equal chance at success. * Everyone has a chance to succeed. *Countries' economic growth. * Nation-building and development. Disadvantages of Broad and Inclusive Globalization * Reorganization of government institutions to meet the needs of all citizens * It was necessary to rearrange economic processes. * Reorganization of social processes is required. * Failure to fucos on the people and polities of the country. Narrow and Exclusive Definition Exclusivity is defined as a restriction or limitation inside a group, ter...