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Answer the following questions comprehensively.

Rubric:
Content – 15
Clarity – 10
Organization of ideas – 5
Total – 30

1. As a student, how will you contribute to the country’s economic growth despite the
limitations? (30 points)

As a student, contributing to the country’s economic growth is not a challenging task.


In fact, these tasks are implemented in our lifestyle and have become an instinct for
some of us. Studying in schools or institutions is one way of consuming services which
is one thing that we must do as a consumer. Some students also consider applying to a
good job or starting a business to support their education. In that case, they are
contributing to the development of a business which can also benefit the country’s
economic growth in the long run. There are more ways to help the growth of our
country’s economy but these are the common ones that most of us students are trying to
achieve.

2. What are the factors that need to be considered in resolving economic issues and problems?
(30 points)

In resolving economic issues and problems, the different sectors must consider the
factors: what to produce, how to produce, and for whom to produce. Having these in
mind, the different sectors in the market will be able to plan and organize their ideas in
such a way that it will be beneficial for the different social classes of the country. Not
knowing these factors will result in to the cycle of the cause and effect of these economic
issues and problems to the country which can further harm the growth of the economy.
Hence, to solve and stop the never ending economic issues and problems, the different
sectors must assess on these factors to have a good grasp of what they ought to execute.

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