Professional Documents
Culture Documents
A. Aid Organizational Development Assistance 17. Most countries in the modern world rely oil
supply in this area.
A. North Africa the resulting high savings of those countries
b. Middle East facilitated borrowing abroad.
c. A & B
d. None of the above This borrowing was supposed to finance
infrastructure projects but ended up
18. This term is used in the areas located or near financing consumption.
Eastern Mediterranean.
A. Lever Economic Protectionism
b. Levant Protectionism is the economic policy of
c. Titan restricting imports from other countries
d. To rise through methods such as tariffs on imported
19. In economic reform, it means a change from goods, import quotas, and a variety of other
"regulated economy" to _________. government regulations.
a. Mobilize economy The objective of trade protectionism is to
b. free economy protect a nation's vital economic interests
c. Democratic economy such as its key industries, commodities, and
d. Liberalized economy employment of workers. Free trade,
20. The declaration focuses on the problems of however, encourages a higher level of
countries that are severely affected by decades-long domestic consumption of goods and a more
problems like (which is not included). efficient use of resources, whether natural,
a. Poverty and hunger human, or economic.
b. marital health The Debt Crisis
c. Universal access to education
d. Employment and trade opportunities -situation in which a country is without the
ability of paying back its government
21. Small loans offered to local farmers and department.
entrepreneurs who have no access to credit were
established by multilateral institutions. Debt------> Crisis-----> Economic
A. Major lending Downturn-----> Great Recession-----> Great
B. IMF Depression-----> Severe worldwide
C. Micro lending economic depression
D. Minor lending
Major Fail in Stock Prices
22-25 (give at least 4 countries under Middle East
and North Africa or MENA) reduction in consumption and investment
spending
Chapter 9
Crisis and Development of Latin America and deregulation of global economy and major
East Asia technological breakthroughs
Most economies were heavily indebted to desperate measures were put on but not
western countries and financial institutions enough to cover the whole problem
like IMF and World Bank.
some US Department restricted the coming
The era of ‘70s (15 year period, 1973-1987) of their products in their country
was described as lost decade. (Nau, 2008)
How the Latin America is Recovering?
Incurred a drastic increase of debt from $35
serious economic adjustments and
to $248 billion.
recoveries
It was a learning cave for all countries in the
turned into IMF who provided money to
region.
loans and unpaid debt but in return they
The problem of economic protectionism did would favor free-market
not work well as a formula.
some countries are still ongoing economic
In late ‘80s, numerous reforms were crisis
initiated, inflation was dealt with sound
Example Banks in the World
measurements, economic liberalization was
introduced, and foreign investment started IMF (International Monetary Fund)
to operate.
World Bank
The Era of Lost Decade
GATT (General Agreement on Tariffs and
Output, investment and per capita Trade)
consumption were surging.
MIGA (Multilateral Investment Guarantee
The excess liquidity generated by oil- Agency)
exporting countries when oil prices rose and
IFC (International Finance Corporation)
Debt Trap Japan, South Korea, Taiwan, Hong Kong,
Singapore, Thailand, Malaysia, Indonesia
Creditors allow debtor who is in financial are the 8 east Asian countries that are
trouble to borrow higher amount of money. known as the "EAST ASIAN MIRACLE"
The seven stages of financial crisis because of their economies dramatic growth.
• India will retain a Hindu majority but also • (since the many charms that are floating
will have the largest Muslim population of around today have different origins and may
any country in the world, surpassing not come from one's own religious faith or
Indonesia. culture)
• In the United States, Christians will decline • ✓ throughout AFRICA, people would carry
from more than three-quarters of the with them lucky bags of mojo for good luck.
population in 2010 to two-thirds in 2050,
and Judaism will no longer be the largest • ✓ in the bag would be artifacts from loved
non-Christian religion. Muslims will be ones, or items that represented something
more numerous in the U.S. than people who good that happened in their past.
identify as Jewish on the basis of religion.
• ✓ to have some "MOJO" on you will only
• Four out of every 10 Christians in the world help to increase your chances of walking on
will live in sub-Saharan Africa. the luck side of the street.
Human beings are by their very nature • Wearing a charm also BLOCK OUR FEAR OF
superstitious creatures. It is the way of FAILURE. When you are not afraid to fail, you are
explaining of the unexplainable. more likely to take calculated risks and win. (Helena
Negru, 2016).
As of today everyone, especially the college
students may be struggling to balance the LYSANN DAMISCH - A psychologist talked about
various aspects of their livers, from the CHAIN-LINK REACTIONS of talisman in an
Academic, Family and Social Life. interview for the Association for Psychological
Science, stating the term for this confidence boost:
Some students any own some charms that SELF-EFFICACY.
could help them is such ways
WHAT DOES GOD SAY ABOUT PEOPLE
As the common belief is that foreign charms WHO USE AMULETS?
have the power to help them with their
studies or examination, or may improve THE CATECHISM OF THE CATHOLIC
their luck with money or health. CHURCH states:
Difference between Amulets, Lucky charms • "All practices of magic or sorcery, by which
and Talismans. one attempts to tame occult powers, so as to
place them at one's service and have a
● LUCKY CHARMS supernatural powers over others --- even if
this were for the sake of restoring their
- were originally songs that were sung to cast off evil health --- are gravely contrary to the virtue
and invoke luck. of religion.“
- When it was feared that the effect of the • "These practices are even more to be
songs would not last long enough, many condemned when accompanied by the
people began to believe that the song could attention of harming someone, or when they
be cast upon the charm, resulting in a longer have recourse to the intervention of
lasting effect. demons." - wearing charms is also
●TALISMANS reprehensible. - spirit often implies
divination or magic practices; the Church for
- are items that can be charged with supernatural her part earns the faithful against it. -
powers so as to bring about ku k and positive recourse to so-called traditional cures does
outcomes in one's life. (Beckett Samantha, 2015) not justify either the invocation of evil
powers ot exploitation of another's - When we traveled to Hunain with the
credulity" (CCC 2117) Messenger of Llah, peace and blessings be
upon him, we passed by a tree which the
JEHOVAH'S WITNESSES idolaters called DHAT AL-ANWAT.
• - Are not superstitious and they do not - They would hang their weapons upon if for
believe in good luck or bad luck. blessings.
• - saying 'GOOD LUCK TO YOU' is simply - I said, " O MESSENGER OF ALLAH, MAKE
not done within the organization. If you say US A BLESSED TREE JUST AS THEY
something like that, they'll know right away HAVE ONE." - The prophet said, "GLORY
you're not a Jehovah's Witness. TO BE ALLAHN YOU HAVE SAID JUST AS
• -They point to these scriptures and say that THE PEOPLE OF MOSES SAID: make for
believing in good luck, superstition, or good us a God as they have a God. By the one in
fortune ARE NOT APPROVED BY THEIR whose hand is my soul, you will follow the
GOD. (JEHOVAH'S WITNESSES, 2015). traditions of the people before you."
▹ Emotions and feelings are not genuine. The higher education system of the Philippines is a
key player in the education and integral information
▹ fake news of professionally competent, service oriented and
productive citizens. Through its tri-fold function of
REMEMBER: teaching, research and extension services. It
becomes a prime- mover of the nation’s socio-
▹ Technology can never be your master. economic growth and sustainable development.
▹ Think critically in everything you see on the REPUBLIC ACT NO. 7782
internet.
This Act which originated in the House of
▹ Too much is always bad. Representatives was finally passed by the
MEGA TRENDS AND GLOBAL TRENDS 2015 House of Representatives and the Senate on
August 3, 1993 and February 17, 1994,
▹ FACEBOOK respectively.
Primary Reason
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