Applied Economics: Managing Family Concerns

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Expanding population may impact the environment because more lands should be allocated for housing and economic activities PROBLEM 3: LOW INVESTMENT IN ______ RESOURCE DEVELOPMENT -education

HUMAN

Millions of Filipino youths are out of school and have limited and training -from Though basic education in the country is free, there are those poor households who cannot attend to school because they are expected to do home chores while their parents are actively working.As a result, many of these unschooled children end up with limited employable skills which in turn can contribute to the problem of ______ when they become adults.

UNEMPLOYABILITY

The government puts limited investment in the formation of knowledge capital in the country; one reason behind could be the more pressing current concerns which they have to focus on.- They are also into expanding access to higher education rather than improving its quality and tapping the universities by making them research and development partners for the ______.

COUNTRY

Physical infrastructure facilitates and expands transactions that, just like the human resource, also fuels economic growth.Roads, bridges, telecommunications, and the networks of transportation are linkages that are necessary to connect the players in the economic system.Philippines has a weak ______.

INFRASTRUCTURE

For example, our transportation system in Metro Manila causes serious ______ problems and gets the most of the commutersʼ precious time and energy.

TRAFFIC

Expanding population may impact the ______ because more lands should be allocated for housing and economic activities PROBLEM 3: LOW INVESTMENT IN HUMAN RESOURCE DEVELOPMENT -education

ENVIRONMENT

Millions of Filipino youths are out of ______ and have limited and training -from Though basic education in the country is free, there are those poor households who cannot attend to school because they are expected to do home chores while their parents are actively working.As a result, many of these unschooled children end up with limited employable skills which in turn can contribute to the problem of unemployability when they become adults.

SCHOOL

The government puts limited investment in the formation of knowledge capital in the ______; one reason behind could be the more pressing current concerns which they have to focus on.- They are also into expanding access to higher education rather than improving its quality and tapping the universities by making them research and development partners for the country.

COUNTRY

Physical infrastructure facilitates and expands transactions that, just like the human resource, also fuels economic growth.Roads, bridges, telecommunications, and the networks of transportation are linkages that are necessary to connect the players in the economic system.Philippines has a weak ______.

INFRASTRUCTURE

For example, our transportation system in Metro Manila causes serious ______ problems and gets the most of the commutersʼ precious time and energy.

TRAFFIC

Explore how applied economics can be used to address economic issues within families, by identifying and managing common concerns. Learn to minimize the negative impact of economic problems on family well-being.

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