Lesson: Contemporary Economic Issue Facing the Filipino Entrepreneur part 2

Question 1

Allocating capital, time, or resources to an endeavor
with the anticipation of earning a profit or generating income in the future is referred to as an investment.

-It involves investing money in a project, business, or financial instrument to get results higher than the initial investment.

Answer 1

INVESTMENT

Question 2

Some of the problems that Filipino entrepreneurs encounter when it comes to investing include:

Answer 2

Poor infrastructure
High power costs
Slow Internet connections
Corruption

Question 3

The percentage of the capital (the original amount of
money) that the lender charges the borrower for using their property or money. Specifically, it is the return on investment for lending money or the cost of borrowing.

Answer 3

INTEREST RATE

Question 4

ISSUES ABOUT INTEREST RATE:

Answer 4

Loan Losses
Lack of confidence
High Interest Rate

Question 5

The lowest amount of money that an employer is obligated by law or government regulation to pay their employees for their labor.

Answer 5

High Interest Rate

Question 6

Examples of economic issues that Filipino entrepreneurs face include:

Answer 6

Access to Financing
Corruption
Competition from foreign business
Inflation

Question 7

An agreement in which a payment is given for the use of other people’s good, service, or property for an agreed-upon
period of time.

Answer 7

RENTALS

Question 8

written to specify the roles and expectations of both the renter and the landlord in order to maintain such an agreement.

Answer 8

Rental agreement

Question 9

Examples of things that can be rented;

Answer 9

Equipment
Storage Space
Your vehicle
Spare room or house
Event space

Question 10

Factors affecting rent increase
in the Philippines

Answer 10

Economic Growth and
Urbanization

Population Growth

Limited Supply

Real Estate Speculation

Infrastructure and
Transportation Improvements

Inflation and the Cost of
Living

Question 11

SOLUTIONS FOR THE RENT INCREASE IN THE PHILIPPINES:

Answer 11

GOVERNMENT INTERVENTION

URBAN PLANNING AND INFRASTRUCTURE
DEVELOPMENT

INCENTIVIZING DEVELOPERS

TENANT PROTECTIONS

COMMUNITY ENGAGEMENT

Question 12

it is an amount of money that a government requires people to pay based on different factors (income, property value, etc.) which is used
to pay for the government projects.

Answer 12

Tax

Question 13

Type of taxes:

Answer 13

Value-added tax
Personal Income Tax
Corporate Income Tax