Professional Documents
Culture Documents
Baes Section: M5
Date submitted: 12/2/2022
10. Explain why our country still a developing country until today.
- Three things, in my opinion, stand in the way of the Philippines'
ascent to first-world status. They are the lack of entrepreneurial
energy, corruption, and religion. Catholicism, for example,
discourages people from taking personal responsibility to better
themselves. They get people ready for the next life. Instead of taking
action and improving their life, Filipinos pray to God to grant their
wants. People become fatalistic rather than realistic when they rely
too heavily on God. Second, corruption is ingrained in all facets of
government. Politicians enter politics not to better society, but rather
to benefit themselves and their family. The unfortunate reality is that
the majority of Filipinos either accept this or don't care. Students who
protest against corrupt government officials while they are young
grow up, run for office, and ultimately turn corrupt. In comparison to
other Southeast Asian nations, the Philippines don't draw as many
international investments because of corruption. Thirdly, unlike East
Asians like the Chinese, Koreans, and Japanese, Filipinos lack the
entrepreneurial mentality. Their goal is to earn a degree, join the
workforce, and rise to the position of CEO. They wouldn't launch a
tiny company and grow it into a large corporation. Consequently,
they stop being business owners and start working as workers. On
the other side, Chinese Filipinos urge their kids to create their own
businesses, no matter how little. As a result, Chinese Filipinos, who
are not numerous, own the majority of large corporations in the
Philippines. China, Korea, Taiwan, Singapore, and Japan are all
manufacturing nations that are focused on exports. They were able
to become wealthy and earn money abroad as a result. While the
Philippines is dependent on low-value agricultural exports. Without
entrepreneurs, the Philippines will never be able to export high-end
goods.