Mark ikaw na bahal arrange kung asa ni kay dili ko sure kung asa ang mga sumpay nila

kay sa pagsend mismo nimo sa pic dili najud pasunod dear, hanap pajud.. huhuyyyy
Time i start typing your reviewer - 11:24 PM
time i ended typing your reviewer - 1:26 AM

COLUMN 1
THE CONTEMPORARY WORLD
Teacher Melchezedek

ECONOMICS: -Microeconomics
-Macroeconomics

Macroeconomics
-unemployment rate
-inflation
-PESO evaluation
-decrease of investment
-retrenchemnt

Microeconomics
-minimum wage

Contemporary world - talks about globalization and globalism

Global political economy or international political economy

-Political economics

COLUMN 2
TERMS OF GLOBAL POLITICAL ECONOMY
1.) INCOME - the financial gain accruing over a given period of time.
2.) REVENUE - the entire amount of income before any deductions are made.
3.) GROSS DOMESTIC PRODUCT (GDP) - a monetary measure of the market value of all
the final goods and services produced in a given period.
4.) GDP (NOMINAL) - estimates are commonly used to determine the economic
performance of a whole country or region to make international comparisons.
5.) GDP (PDP) (PerCapital) - useful when comparing differences in living standards.
 6.) HUMAN DEV’T. INDEX (HDI) - a statistics of life expectancy, education and per capita
income indicators which are used to rank countries into four tiers of human development.

PERIOD - monthly (1 month)

-quarterly (3 months)
-bi-annually (6 months)
-annually (12 months or 1 year)

PHILIPPINE PRODUCTS
-fruits
-vegetables
-Agri products
-Manpower

DEUTERIUM -hydrogen based element

TARIFFS - import and export taxes

SUPPLY + DEMAND = PRICE

EX.
*OPEC - Organization of petroleum exporting countries
*CRUDE OIL - from fossil fuels
* MIDDLE EAST- many fossil fuels because it was believed that there are many dinosaurs
Existed that time.
*AFRICA- has more fossil fuels.
*Price of petroleum now is low according to OPEC. -if this continues retrenchment will happen.
*OPEC needs to cut down the supply of petroleum for it toi decrease and fro teh demand to
increase as well as the price.
Ex.
Crude oil
June - 48
August -50
Sept. - 51
Oct. -55
Dec. -40

COLUMN 3 bali isa na ni ka page dear - dear pol.sci na

ni na subject dear…..
INHERENT POWER OF THE STATE
1.) POLICE POWER
 “Dura lex sed lex” - the law is worth but it is still the law.

2.) POWER OF EMINENT DOMAIN - the power to seize any private for public. (ex. Dear,
sa DPWH -road widening taz naay naigo na balay or any establishemnt then the
government shall pay for it, at di pwede tumangii or tatanggi yung may-ari kasi IT IS
THE GOVERNMENT NA-REMEMBER “the power to seize any private for public.”)

3.) POWER OF TAXATION - its an obligation, not a privilege.

BASIC TAX: -Income tax return (ITR)
- Community tax certificate (CTC)/ sedula
-Sugar tax (drinks and sugar content)
-Luxury tax (vehicles except for pick-up trucks)
-Sin tax (for cigarettes and liquors)
DEAR ECONOMICS NAPUD NI NA SUBJECYT-IM JUST FOLLOWING WHAT’S IN THE
NOTES DEAR..

INFLATION - usually 3 month

- should be progressive increase
*Great depression
*Economic depression
*Recession - resulting to retrenchment
*Retrenchment - reduction of public expenditure. Ex. reduction of labor power in company
-Retrenchment a sign of recession
-Effect of recession id retrenchment.
*Black Wednesday- Europian union agreed to have one unit ENRO
-Dollar -official monetary unit
1$ = P52.00 (constantly changes)
France = 1$ = P15
Peso = 1$ = P20
Pound =1$ = P2
UK/british pound
Wall street - crash of economy in all nations that are part of European union except UK, that’s
why John Major pulled-out the money -British pound to ERM

China - covered almost all parts of Arico in the past

-Spices - most precious during that time; preservatives

Island in China that is known as “Spice island” - Moluccas-located in Indonesia

AMERIGO VESPUCCI (Florentine) materialism
-New world - the north in the south America; America was ruined after then

CHRISTOPHER COLUMBUS (Italian)

-North America (USA)
-Washington, DC - district of Columbia

COLUMN 4
STAGNATION - economic depression (ED) + inflation (INF)
EUTHREFICATION - stagnant/ polluted water. The oxygen cannot pass through the bodies of
water,
COLA - Cost Of Living Allowance
MONOPOLY = single trading
- Mono - one
Poly - trading

ECONOMIC BASED SYSTEMS

1.) CAPITALISM - 100% private + 0% government
2.) SOCIALISM - 50% private + 50% government
3.) COMMUNISM - 0% private + 100% government
4.) LAISSEZ FAIRE - walang pakialamanan

100% private + 0% government = open market free competition

=Competition of quality products and price reduction
=BPO - Business Process Outsourcing (Call center agency)
COLUMN 5
EXPENDITURE - all kinds of expenses
COST OF PRODUCTION - yung kailangan lang talaga sa pagproduce ng product
RETRENCHMENT - lessen the cost of production specifically expenditure.

PUBLIC ENTERPRISE
1.generate income for the government
2.Serve the public

OCEEM - Office of the City Economic Enterprise Management

CHARTER CITY - Independent city

-Davao City is under Davao del Sur before but now, it is considered charter
city.

Enterprise A - 10 million pesos

Enterprise B - 0 pesos - admirable kay gihurot ninyo ang money para maimprove ang mga
projects.

CONSUMER - for economic term

HDI ( HUMAN DEVELOPMENT INDEX) - the greater the HDI, the greater is to live in the said
country.

DEAR ECONOMICS NAPUD NI NA SUBJECT but the same column sa picture dear-IM
JUST FOLLOWING WHAT’S IN THE NOTES DEAR..

4 PHASES OF EDUCATION REVOLUTION

1. ) INTRADISCIPLINARY - using your own disciplined perspective.
2. INTERDISCIPLINARY - mangubag laing discipline to apply in your own discipline.
3. MULTIDISCIPLINARY - 3 or more discipline
4. SYNTHESIS - use all your knowledge

COLUMN 6

GLOBALIZATION - Jollibee Food Corp.

EXPANSION - from one branch to two branch ex. Turks
INTENSIFICATION - strengthen the networks ex. UM
-STI (no intensi…, puro expansion, giligsan sa AMA)
-AMA (ginagmay na branch pero lig-on)
Best Formula
-Intensify the main branch then expand, then intensify again the expanded branch.

1. ) POLITICAL GLOBALIZATION - famous type of gov’t before

MONARCHY - Divine right of King’s theory
-King’s words are God’s words
-That’s why there are abusive kings like King Solomon (2000
wives, 300 concubines) -ANG REASON ANI DEAR KAY DURING THAT TIME,
SOLOMON KAY SI KING SOLOMON WAS FULL OF WISDOM AND THE PEOPLE
WANTED TO HEAR IT AND IN RETURN SINCE SOLOMON WAS THE KING OF A BIG
KINGDOM -THOSE LEADERS IN EVERY TRIBE OFFERED THE MOST BEAUTIFUL
WOMAN IN THEIR TRIBE JUST TO HEAR KING’S SOLOMON WORDS OF WISDOM..
KAYA YAN YUNG NANGYARI-AND WHEN THESE TRIBE LEADERS OFFERED
BEAUTIFUL WOMAN TO SOLOMON, KING SOLOMON ACCEPTED IT AND YOU
KNOW NA WHAT HAPPENED..
 2. ) CULTURAL GLOBALIZATION - Religious belief

.3.) ECONOMIC GLOBALIZATION - investments

4.)ANTI-GLOBALIZATION - conservative ex. Muslims

COLUMN 7
*****GRAPH*****

COLUMN 8
BRB is the old name /former name of the world bank
-International Bank for Reconstruction and Development

*World Bank - agency created by the UN to assist developing countries/nations by loans

guaranteed by members. PURPOSE---give loans to other countries for infrastructures, etc.

IMF - encourage investors

Ex. Philippines - BPO or Business process outsourcing
-Boom in 2000

UNITED NATIONS - World trade organizations (WTO)

-facilitate harmoniously
-assisted by UNCTAD (United Nations Conference on Trade and
Development)

WTO and UNCTAD created “GATT” (General Agreement on Tariffs and Trade)

GLOBALIZATION - reached 7 continents

COMMUNISM - Prohibition of trade
SOCIALISM - regulation

China - Porcelain
Indonesia - Spices
Spain - Flour
MEANS OF CONTROL - high tariffs (in a form of product in the past) forbade colonies to trade
with other nations, restricted trade rates and subsidized its exports.

COLONIZERS -->OVERLORE-->BASAL STATE

DISADVANTAGES- a advantage to the countries which are not capable of international trade.
GOLD STANDARDS
BILLION STANDARDS
US DOLLAR - official medium currency in international
LANDMARK AGREEMENT