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19 Αυγ 2015 · The document discusses key aspects of the national economy and patrimony according to the Philippines' constitution.
NATIONAL ECONOMY AND PATRIMONY (1987 Philippine Constitution) Section 1. The goals of the national economy are a more equitable distribution of opportunities, income, and wealth; a sustained increase in the amount of goods and services produced by the nation for the benefit of the people; and an expanding productivity as the key to raising the ...
13 Οκτ 2024 · The national economy and patrimony of the Philippines are primarily governed by Article XII of the 1987 Philippine Constitution, which provides the guiding principles for the management, regulation, and ownership of natural resources, public lands, and national wealth.
The modern Philippine political economy can be traced to a 19th century process of agricultural commercialization led by British and American trading houses, Chinese traders, and an increasingly powerful landed elite consisting predominantly of Filipino‐Chinese mestizos.
national economy and patrimony Section 1. The goals of the national economy are a more equitable distribution of opportunities, income, and wealth; a sustained increase in the amount of goods and services produced by the nation for the benefit of the people; and an expanding productivity as the key to raising the quality of life for all ...
For the social and economic transformation that virtually revolutionized Philippine colonial society in the 19th century, see the following: Jonathan Fast and Jim Richardson, Roots of Dependency: Political and Economic Revolution in the 19th Century Philippines (Quezon City: Foundation for Nationalist Studies, 1979); Alfred McCoy and Ed. C. de ...
ARTICLE XII NATIONAL ECONOMY AND PATRIMONY Section 1: National Economy – entire structure of economic life in a country. It encompasses all activities like distribution, production and consumption of goods and services.