a mixed economy is the most ideal as it would as it would prevent companies from having too much control over the economy AND allow better gov't regulations on important commodities.
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Llyod Tan
6/29/2014 03:38:10 pm
Socialist :)
There is an imbalance of money since rich people just keep om getting richer and poor people become poorer therefore we should balance the flow of money so that poor people also get richer while rich people also become richer but a little less richer if it were not socialist.
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Llyod Tan
6/29/2014 03:43:59 pm
The Answer above was for the second question
1. Mixed :)
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Miguel Siao
6/29/2014 03:38:42 pm
1. I believe that the Philippines has a mixed economic system. One of the private companies is ABS-CBN, a popular T.V. Network. However, we also have government-owned companies like PAG-COR.
2. I think that our mixed economy system is good for our country. We just need to correct some problems in the system we currently have.
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Anthony Chiang
6/29/2014 03:38:51 pm
The Philippines has a semi-free market system of economy. We say semi because some Philippine companies are working with the government, reducing taxes, and basically being selfish. I think that the Philippines needs to be free, because the government isn't disciplined enough to run businesses honestly.
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Luigi Tan
6/29/2014 03:39:24 pm
I would say that the Philippines is more of a mix because even though we have a lot of private corporations, we also have a companies that are owned by the government. The government also has some kind of participation in some of these private companies.
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Patrick Cua
6/29/2014 03:39:40 pm
I believe the Philippines would be characteruzed as a free market. Out of the four, I believe a proper Mixed economic system would be the best (proper meaning no corruption or anything detrimental). This is because the government would care for the economy and help the private businesses excel and develop the country.
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Alfonso Bautista
6/29/2014 03:40:51 pm
I think our country has a mixed economic system. A free market would be the best
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Hans Yu
6/29/2014 03:40:59 pm
I think that a mixed economy is the best fit for the Philippines, since it helps to prevent total control from companies but we are more free, in a way. It also helps to get us better commodities, and we just need to correct the government flaws in the country.
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Kenan Chua
6/29/2014 03:41:13 pm
The Philippines is currently a mixed economic system and I believe it is fine as it is since I think there should be a balance in control of economy.
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Kyle Adlawan
6/29/2014 03:41:21 pm
The Philippines have a mixed economic system. I think free market is best for the Philippines because there has been a lot of issues with the government involving money and funds. With free market, the country is able to progress more than a mixed system.
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Rafael Tan
6/29/2014 03:41:38 pm
I'd say that the Philippines has a free market economy as I feel that the economy of the Philippines is controlled mostly by individuals who simply want to increase their own money. I think that our country would benefit more from a mixed economic system as there would be a balance between the two instead of the scales tipping in favor of one side only.
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Steven Whang
6/29/2014 03:41:56 pm
The philippines is a free market economy. It should be a mixed economy to even out the power and to make it fair for everyone
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Kiros Chua
6/29/2014 03:42:16 pm
The Philippines has a mixed economic system. Some of the widely used commodities (like electricity) is controlled by the private sector (Meralco). However, other things are also subsidized by the government (ex. The University of the Philippines). This tells us that the government still has a say in some parts of the Philippine economy.
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Harvey Cu
6/29/2014 03:42:26 pm
Out of the four economic systems, the Philippines has a mixed economic system. In the Philippines, there is a combination of the elements of a market and of a command economy. A proof of this would be the existence of public schools (funded by the government) alongside private schools (individually owned).
I think the most appropriate economic system for the Philippines would be as it is now, with a mixed economic system. A traditional economic system would not suit the Philippines in my opinion because it lacks mobility and freedom of choice (things Filipinos value and strive for). I also think that a command economic system would not suit the Philippines, because I believe that our government is not efficient or trustworthy enough to take full control of the economy. A market economic system could work, but it is my opinion that the government should play a role in the allocation and distribution of resources to ensure a decent standard of living for everyone. Therefore, for these reasons, I believe that a mixed economic system is best for the Philippines.
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Joshua Yao
6/29/2014 03:42:44 pm
The current economy that the philippines has right now is a mixed market. This means that the there are private owened companies, yet, at times, commodities can/are regulared by the government to an extent. I believe that the current system is working well forthe country because some commodities can be regulated thus providing Stuff for the poor
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Jacob
6/29/2014 03:43:48 pm
The Philippines is a mixed economic system in which there are various public and private sectors in the economy. I think this would be most beneficial to the Philippines because it provides more freedom and balance for the people without giving too much freedom in which chaos and disorder may ensue.
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Merwin Chang
6/29/2014 03:46:07 pm
It has a mixed economy system. I think the most appropriate is a mixed economy system because it needs to be fair for the people and government. It should be able to satisyfy the needs of the people.
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Jose Ochoa
6/29/2014 03:46:30 pm
The Philippines is a mixed economy because the government controls certain sectors like public education. Normal citizens can also control their business. If the Philippines had a free market, we wouldn't have to rely on the government to improve the country.
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Aeric Ang
6/29/2014 03:46:30 pm
Socialist-Free Market, (Mixed?) as a current issue that can be fixed by socialism is the appropriation involved in the system. Some cannot afford, some cannot earn enough. This leaves many at quote unpleasant conditions and situations. So with the right appropriation of taxes, prices, etc. decided by the government on those who can pay for these taxes, those in tight situations could move up a level in terms of their class in society; a status quo of equilibrium. At the same time as a free market would allow individuals to flourish in their own, with the right applied changes for the socialist part of the system, the class gaps would be able to balance a lot less radically, with people gaining not from only tax/income increase/decrease, but through personal entrepreneurship of the rising stars of the business sphere.
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Ian Arce
6/29/2014 03:46:37 pm
The Philippines has a moxed economic system. I think free market is more appropriate for the Philippines. This is the most ideal for the Philippines so that there will be less government involvement in the economic system and as we know, most of our government officials are corrupt.
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Christian Lim
6/29/2014 03:49:47 pm
The Philippines is a mixed economy and most of the commodities are controlled by provate sectors. I think that the economy should be a mixed economy to satisfy the needs of both the people and the government.
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Sean Braganza
6/29/2014 03:53:12 pm
1. Personally, I believe that the Philippines is more of a free market as compared to a mixed economy.
2. If properly executed, a mixed economy will better balance out the power of both private and government enterprises.