Economic Development Midterm Reviewer
Economic Development Midterm Reviewer
5 Identification:
1. Degree to which health services for individuals and populations increase the likelihood of desired
health outcomes. Quality Healthcare
2. This is the law signed by Pres. Rodrigo Duterte on February 2019 to improve the healthcare
system in the Philippines. The Universal Healthcare Act Law
3. How much is the percentage covered by Philhealth? 100%
4. A tax-exempt Government Corporation attached to the Department of Health for policy
coordination and guidance. Philhealth.
5. How much is the percentage is alloacted to household out-of-pocket payment? 44.7%
5 Enumeration:
6 to 10. Enumerate the 5 major shortcomings to public healthcare system in the Philippines.
● Limited resources
● Long wait times
● Corruption and Inefficiency
● Poor Infrastructure
● Limited Access
Infrastructure Projects
Questions:
Part I.
1. Projects develop and maintain airplanes and airports.
Aviation infrastructure
2. Oversees the costs of building and maintaining bridges throughout the country. Bridge
infrastructure
3. It focuses on the connection between government agencies, businesses and the nation through
wireless, cable, satellite and other technologies.
Communication Infrastructure
4. It oversees projects that deal with power, including electrical lines, power grids and
innovations in alternative energy.
Power and Energy Infrastructure
5. It builds new streets and fixes streets, roads and highway systems for mass transit Road
infrastructure
ECONOMIC STANDARD
Identification:
1. refers to a benchmark or criterion used to evaluate or measure economic performance,
stability, or policy effectiveness. Economic Standard
2. measures the total value of goods and services produced within a country's borders over a
specific period. Gross Domestic Product
3. measures the rate at which the general level of prices for goods and services is rising and reflects
changes in purchasing power. Inflation Rate
4. indicates the percentage of the labor force that is unemployed and actively seeking
employment. Unemployment Rate
5. The difference between the value of a country's exports and imports of goods and services.
Balance of Trade
6. Measures how income is distributed across a population, often shown through metrics. Income
Distribution
7. The percentage of the population living below a certain income threshold, often defined
nationally or internationally. Poverty Rate
8. These are set by central banks and influence borrowing costs, investment decisions, and
economic activity. Interest Rates
9. These indicate the government's borrowing and spending patterns relative to its revenue, which
can affect economic stability and growth prospects. Fiscal Deficit and Debt Levels
10.The percentage of the working-age population that is either employed or actively seeking
employment. Labor Force Participation Rate
Climate Change
Questions:
I. Identification
1. Deforestation
2. Transportation
3. Electricity Generation
4. Industry and Manufacturing
5. Oil and Gas Development
INTERNET ACCESS
Activity
(1) It is a global network that connects people across the globe. (ANSWER: Internet)
(2) It refers to users connecting to the internet using a laptop, cellphone, or computer. (ANSWER:
Internet access)
(3) How many Filipinos were using internet based on the latest report of Datareportal? (ANSWER:
86.98 million Filipinos)
(4) It refers to the gap between people who have access to fast and reliable internet service (and the
skills and technology necessary to take advantage of that access), and those who lack it.
(ANSWER: Digital divide)
(5) Based on the report of Ookla last January 2023, what was the median download speed for fixed
broadband Internet in the Philippines? (ANSWER: 88.13 Mbps)
LITERACY RATE
1. The percentage of the population of a given age group that can read and write.
Ans: Literacy Rate
2. It aims to evaluate education systems worldwide by testing the skills and knowledge of
15-year-old students in participating
countries/economies
Ans: PISA
3. Give the solution on how Literacy Rate could be improved
Ans:
● Prioritize education
● Develop reading materials
● Invest in early literacy
programs
● Engage families and
communities
● Diversify teaching
approaches
4. What is the global average reading score?
Ans: 476 points
5. What are the importance of Literacy?
Ans:
● Economic Development
● Social Empowerment
● Health and Well-being
● Political Participation
● Education and Lifelong Learning
● Cultural Program
2. One of the social impacts caused by globalization leading to advancements in various sectors
such as information technology, telecommunications, and manufacturing. Ans:
Technological Advancement
3. One of the social impacts caused by globalization which can lead to a country's erosion of
traditional values. Ans: Cultural Homogenization
4. This loss of human capital can hinder the country's long-term economic development and
exacerbate skill shortages in key sectors. Ans: Brain Drain
5. One of the social impacts caused by globalization where some segments of society benefit from
increased economic opportunities, others are marginalized and left behind, exacerbating social
inequalities.
Ans: Growing Economic Inequality
6. One of the social impacts by globalization which has led to the creation of more jobs. Ans:
Increased Employment Opportunities
7. This exposure to diverse cultures can foster tolerance, understanding, and appreciation for
other perspectives. Ans: Cultural Exchange
8. This has empowered individuals to acquire the skills needed to participate in the global economy.
Ans: Access to Education & Skills Development
9. Social instability, environmental damage, and relocation may come from this. Ans: Social
Dislocation
1. It is the long-term increase in the earth's average surface temperature, primarily caused by the release
of greenhouse gases into the atmosphere leading to various climatic changes.
ANS: Global Warming
2. It is the long-term shift in temperatures and weather patterns caused by natural event and human
activities.
ANS: Climate Change
3. It is the main driver of Climate Change.
ANS: Greenhouse Effect
● Carbon Dioxide
● Methane
● Nitrous Oxide
7 – 10. What are the human activities that caused the increase of greenhouse gases into the atmosphere?
CHARACTERISTICS OF POVERTY
IDENTIFICATION:
1. It is a denial of choices and opportunities; it is a violation of human dignity. It means a lack of
basic capacity to participate effectively in society. POVERTY
2. A situation in which a debtor is not able to repay the debt incurred. DEBT TRAP
3. It creates barriers for girls, boys, women, and/or men in recognizing, enjoying, or exercising their
full and equal human rights. GENDER INEQUALITY
4. It limits one’s ability to work to generate income, reduces economic opportunities, and inhibits
educational attainment. POOR HEALTH
5. It refers to the lack of chances for people to improve their standard of living through employment.
LIMITED ECONOMIC OPPORTUNITIES
6. It is the deficiencies, excesses, or imbalances in a person’s intake of energy and/or nutrients.
MALNUTRITION
CATEGORIES OF POVERTY
1. It is defined as not having enough money or access to resources to enjoy a decent standard of
living
- Poverty
3. The lack of sufficient monetary resources or the minimum adequate income to meet basic needs.
- Income Poverty
4. It is defined by a fixed income threshold, below which individuals are considered to lack the
minimum resources necessary for basic living standards.
- Absolute poverty
5. It is sometimes described as “relative deprivation” because the people falling under this category
are not living in total poverty, buy they are not enjoying the same standard of life as everyone
else in the country.
- Relative poverty
6. It is a broader concept than income poverty, including various deprivations that affect an
individual's overall quality of life.
- Human poverty
1.Is the total number of individuals of a species occupying a particular geographic area at a
given time. Answer: POPULATION
2.It is also known as natality, is the total number of live human births per 1,000 population for a given
period divided by the length of the period in years. Answer: BIRTH RATE
3.It is also known as fatality rate, it is the ratio of deaths to the population of a particular area or during
a particular period of time, usually calculated as the number of deaths per one thousand people per year.
Answer: DEATH RATE
Answer: EMIGRATION
CAUSES OF POVERTY
1. A government agency that provides official statistics and civil registration services
- PSA (PHILLIPINE STATISTICS AUTHORITY)
2. The proportion of Filipinos whose income is not enough to buy even the basic food needs
- SUBSISTENCE INCIDENCE
4. This threshold signifies the income level set at US$3.65 per day per capita which individuals are
considered to be living in poverty within the middle-income bracket.
- LOWER MIDDLE INCOME POVERTY LINE
6. The proportion of poor Filipinos whose per capita income is not sufficient to meet their basic
food and non-food needs. -POVERTY INCIDENCE
7. An organization that provides financing, advice, and research to developing nations to aid
their economic advancement - WORLD BANK
8. One of the causes of poverty that disrupt people’s lives and destroys infrastructure. Those
displaced by violence – especially women, children, disabled people, and the elderly
-CONFLICT AND WAR
9. What do you call a group of people who aren’t given equal access to information, services,
nutritious food, and other resources necessary for good health.
- DISENFRANCHISED GROUPS
10. This cause of poverty is experienced when government and corporate practices
systematically deprive people of the resources they need.
- SOCIAL INJUSTICE
GOV INTERVENTION
(7-10) In any order. Name 3 implementing agencies of the Pantawid Pamilyang Pilipino Program
(4Ps).
- Department of Social Welfare and Development (DSWD) - Department of
Education (DepEd)
- Department of Health (DOH)
POPULATION GROWTH
4. A Positive effect of Population Growth on Economic Development that provides more human
capital which is a key component of economic growth. Answer: Large Labor Force
5. Large Labor Force helps to facilitates an increase in industrial production and enable China to
become the ________.
Answer: World’s Factory
6. A Positive effect of Population Growth on Economic Development that can stimulate innovation
and technological advancement.
Answer: Catalyst of Innovation
7. Countries with fragile infrastructure and low average per capita income. Answer:
Developing Countries
10.The positive effects of population growth on the economy revolve around. Answer:
Increased Output
URBANIZATION
10 QUESTIONS:
ANS: SUSTAINABLE
1. Is the Permanent concentration of people DEVELOPMENT GOALS
in small areas forming a city. 6. This is the 11th Sustainable Development
Goal of the United Nations’ Global
ANS: URBANIZATION
Goals
5. Also known as the Global Goals, were ANS: (ANY OF THE FOLLOWING) -
adopted by the United Nations in 2015 Overcrowding and housing shortages
as a universal call to action to end - Increased pollution
poverty, protect the planet, and ensure - Traffic congestion
that by 2030 all people enjoy peace and - The increased cost of living - Loss of
prosperity green spaces and natural habitats