Economic Development: Low Economic Mobility

Play an AI-generated podcast conversation about this lesson

What is the primary goal of the Pantawid Pamilyang Pilipino Program (4Ps)?

To offer socialized housing programs for low-income families

To provide direction and standards for technical education

To ensure rice self-sufficiency and food security

To provide conditional cash transfer to qualified household beneficiaries (correct)

Which government agency ensures rice self-sufficiency and food security in the Philippines?

National Food Authority (NFA) (correct)

Technical Education and Skills Development Authority (TESDA)

Socialized Housing Program

Pantawid Pamilyang Pilipino Program (4Ps)

What is the main purpose of Socialized Housing Programs?

To offer food assistance to low-income families

To provide housing subsidies to low-income families and individuals (correct)

To provide working-family tax credits

To provide direction for technical education and skills development

What is the primary focus of the Technical Education and Skills Development Authority (TESDA)?

To provide direction, policies, programs and standards towards quality technical education and skills development Signup and view all the answers

What is the motto of the Technical Education and Skills Development Authority (TESDA)?

Truth and Goodness in Man and for all others through Education Signup and view all the answers

What is often seen as unfair in societies with limited economic mobility?

Income inequality Signup and view all the answers

What is a consequence of older adults losing their mobility?

They are less likely to be hospitalized and die prematurely Signup and view all the answers

What is a benefit of increasing human capital in an economy?

Increased innovation and economic growth Signup and view all the answers

What advantages do children from high-income families typically have?

Access to better resources, including quality education and social networks Signup and view all the answers

How can economic mobility within a generation be raised?

By formulating policies that raise employment levels in the economy Signup and view all the answers

What is a consequence of limited economic mobility in a country?

The economy may decline or weaken Signup and view all the answers

What does socioeconomic status (SES) measure?

An individual's or family's access to economic resources and social position in relation to others Signup and view all the answers

What is economic mobility?

The ability to improve or lower economic status Signup and view all the answers

What is upward economic mobility?

An improvement in economic status over time Signup and view all the answers

What is downward economic mobility?

A significant decline in income, wealth, or occupational prestige Signup and view all the answers

What is inter-generational mobility?

Comparison of economic status with parents' status Signup and view all the answers

What is intra-generational mobility?

Change in economic status within a generation Signup and view all the answers

Economic Development: Low Economic Mobility

Choose a study mode

Podcast

Questions and Answers