Jhonna Mae blog

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.

JHONNA MAE M GANZALE BSCRIM1 BLOCK A

Jhonna Mae M. Ganzale BSCRIM1 BLOCK A  Very high assets and turnover To become a global corporation, a company must be enormous and have a large quantity of physical and financial assets. The company's goals are lofty, and it is capable of generating considerable profits. Branches' network Multinational corporations have manufacturing and marketing operations in several countries. The company may have many officers in each county who work through various branches and subsidiaries. Control In respect to the previous statement, all officers in other countries are managed by a single head office in the home nation. As a result, the command center is located in the home country. Continued expansion Multinational corporations continue to expand. They try to expand their economic scale by constantly upgrading and performing mergers and acquisitions, even while they operate in other nations. Cutting-edge technology When a firm expands globally, it must ensure that its inve...

JHONNA MAE M.GANZALE BSCRIM1 BLOCK A ACTIVITY 1.  Scholars have produced a range of theories to investigate global stratification, just as they have for any other social issue. Modernization theory and dependency theory are the two most often used views. Theory of Modernization Low-income nations, according to modernization theory, are harmed by their lack of industrialization and can enhance their global economic status by (Armer and Katsillis 2010): 1.a shift in work-related cultural values and attitudes. 2. Other types of economic growth, such as industrialization Critics point out the theory's inherent ethnocentric prejudice. It assumes that all countries have the same resources and can pursue the same path. Furthermore, it is assumed that all countries strive to be as "developed" as possible. Within this theory. Dependency theory Part of the reason for the development of dependency theory was to counteract the Western-centric perspective of modernization theory. Acco...