1

Marikina Shoe Industry & Globalization

Cruz, Jhonnavel
Marikina Polytechnic College
BS ENTREP 1-C
Mr. Joemel Bautista
November 18, 2021
 2

Marikina Shoe Industry & Globalization

What really comes to our minds when we say Marikina of course that's when the
disciplined people come in with good leadership continues to happen today and of course a
large shoe factory that until now has high quality shoe products, many consumers from the
beginning according to (dela cruz and juanson 2017) Marikina earned a reputation as being
the center of shoe manufacturing in the Philippines as early as 1956when it was called the
“shoecapital of the Philippines”. However, the shoemaking industry began as early as
1887when Don Laureano “Captain Moy” Guevara introduced and encouraged shoemaking.
The success of the business encouraged thein volvement of Marikeños in the industry. don't
you know what the state of the Marikina shoe industry is today where the shoe factory is
weakening because of the people who are different and how it has affected globalization
today if we pay attention to the Marikina work in today's changing era that our economy will
be even bigger because there are already many countries that offer wider and globalization
has also resulted in worsened poverty due to massive displacement of inputs, firms, and
industries. However, these problems are expected, as history has shown: Higher trade
participation has always required greater emphasis on efficiency and specialization; failure
to compete in the market means decline.it also affects those working in the Marikina shoe
industry because it is their main occupation so it also affects globalization because auntie
auntie is weak and shoe production is declining, Then and now, the benefits from trade
accrue unequally among trading countries. the decline in shoe product and the decline in
the number of workers due to globalization and even so there are still many consumers
because some of them are maintaining the importance and quality of shoes in Marikina here
you can see that in the very beginning of the Marikina shoe industry they maintained such a
quality product is still enjoyed by most even though there is a lot of competition because
many offer more beautiful and trending now.
 3

References

De la Cruz, A. and Juanson, J. (2017), Understanding the Behavior of the Shoe-

Manufacturing Firms in Marikina City, unpublished undergraduate report.