NAME: ALYSSA MAREN RAMOS

F:SEATWORK NO.1
I.Vocabulary Exercises:
1.Economy- is a system of organization and institutions that either facilitate or play a role in
the production and distribution of goods and services in a society.
2.Corruption- dishonest or fraudulent conduct by those in power, typically involving bribery.
3.Developing Country- a poor agricultural country that is seeking to become more
advanced economically and socially.
4.Human resources- the personnel of a business or organization, especially when regarded
as a significant asset.
5.Natural resources- materials or substances such as minerals, forests, water, and fertile
land that occur in nature and can be used for economic gain.
6.Bribery- refers to the offering,giving, soliciting, or receving of any item of value as a
means of influencing the actions of an individual holding a public or legal duty.
7.Fraud- an intentionally deceptive action designed to provide the perpetrator with an
unlawful gain or to deny a right to a victim.
8.Graft- a form of political corruption, being the unscrupulous use of a politician’s authority
for personal gain.
9.Immorality- the state or quality of being immoral
10.Economic Status- the position of an individual on a social- economic scale that measures
factors such as education, income, types of occupation, etc.

II.Classify the economic status of the following:

1.Fisheman- low
2.Beggars- low
3.Policeman- middle
4.Businessman- high
5.Dentist- high
6.Nurse-middle
7.Computer technician- middle
8.MedTech- high
9.Construction worker- low
10.Driver- low

III.Read the article:

www.philstar.com/business/2020/04/08/2006118/philippine..

Answer the questions:

1. What is the impact of COVID 19 to the Philippine economy?
Due to COVID-19, the Philippine economic growth decline. The closing of some factory,
limiting of the people outside their house, business establishment are close, so as airlines
are also closed, etc., during the Enhanced Community Quarantine really affects our
economic growth to decline.
2. Enumerate the different measures that the government have done to respond to the
economic effects of the Pandemic.
 REPUBLIC ACT 11469 “BAYANIHAN TO HEAL AS ONE ACT” - This law gives power to
the president to reallocate and reprogram 275 billion pesos of the approved 438 billion
pesos budget for 2020.11.25

3.What can we do as Filipino citizens to help solve the economic impact of the Pandemic?
Be more productive, do something that can help solve the economic impact.
4.Identify 5 values that every Filipino should have amidst the challenges and problems
posed by the Pandemic.

 Compassionate
 Spirit of Kinship and Camaraderie
 Ability to survive
 Flexible, Adaptability, Creativity
 Joy and Humor