1.

a set of ideas practices, and rituals related to the ultimate questions of human existence
c. religion

2. this etihc encourages hard work, thirft, and the reinvestment of profits
a. protestant reformation

3. which of the effects of economic development on religion are true?

d. all the statements are correct

4. which of these below was not mentioned on the contribution of religion to economic development
c. religion on buddhisim

5. in the religion and economic development in the modern times how many aspects were mentioned
d. 4

1. enforced through the political institutions to ensure that the contracts are honored
a. rule of law

2. according to _____ (2007) economists believe the developing world was full of market failures, and the only
way in which poor countries could escape from their poverty traps was through forceful government
interventions.
a. rodrik

3. how many key factors affecting the economic development?

b. 5

4. this is the transparency of its bureaucracy, judiciary, and regulatory agencies

c. quality of institution

5. a situation in which a country experiences a high degree of uncertainty, and unpredictability in its political
system
b. political stability

6. authoritarian has greater emphasis on protecting property rights, freedom of individual, and promoting
competition in the economy
true

7. in political stability, frequent changes in government or political unrest can deter domestic and foreign
investment, making an economy grow
true

8. there are 3 types of government

False

9. excessive regulation can stifle economic growth, while transparent and efficient governance will foster
development
true
10. there are several factors considering the relationship of the political institution and economic
development
false

1. what is the program of the department of environment and natural resources that aims to promote the
implementation of sustainable use of terrestrial ecosystems and management of forests.
c. enhance national greening program

2. how many hectares of forest land was lost from the world since 1990
c. 420 million hectares

3. in all of the global goals, which is in accordance with responsible consumptions and production
d. goal 12

4. a continuous event of nature that threatens the local resources and the safety of the community
d. natural disaster

5. one of the strongest typhoon landed in the Philippine history

a. typhoon Yolanda

6. whagt is the total number of subsector in the Philippines

b. 4

7. which statement is true?

a. I

8. one of the measures implemented by the government to address flood issues

c. community-based disaster risk reduction

9. this is here societies control the supply and access to natural resources as a way to preserve
b. natural resource management

10. which statement is not true

c. they can neither be biological mineral, nor aesthetic assets that are used for certain purposes

1. These are the values, beliefs, and traditions that can shape economic behaviors.
- Cultural and Social Factors

2.The imposition of economic systems by colonial powers that can leave lasting impacts on a nation's
economy.
-Colonial Legacy

3.The industrial revolution that transformed economies and societies.

-Technological Advancements
4.The movement of people from rural areas to cities, as well as patterns of urbanization, influence labor
markets.
-Urbanization and Migration

5. What is the skill that developed individuals learn how to evaluate and interpret historical data, economic
trends, and their implications in the study of history and economic development?
- Critical Thinking Skill

TRUE OR FALSE

6. The study of history and economic development instills a curiosity about the past and a desire to continually
expand one's knowledge in the study of history and economic development
-true

7.A country's economic development is unaffected by historical investments in education and human capital
development.
-false

8.Economic cycles, such as boom-and-bust cycles, financial crises, and recessions, can have a significant impact
on a nation's economic development, influencing policies and behaviors for decades.
-true

9.One of the fundamental objectives of learning history is to gain a comprehensive understanding of the
future that can help achieve economic development.
- False

10.Learning history can inform better decision-making in the present and future.
-True

QUESTION TO MAXINE
dia: Since colonization is part of some country's history, what role did colonization play in shaping the
economic development of various regions around the world?

paula: In what ways did wars and conflicts throughout history impact the economic development of nations
involved?

remiel: What lessons can we learn from history to promote sustainable and equitable economic development
in the future?

rick: On the negative side, what do you think are the consequences of history to the economic development?

question for our group:

question 1: as you’ve discussed earlier, how is it essential to recognize the connection between geography
and economic developemtn in tems of policymakers? can you cite a situation
Recognizing the connection between geography and economic development is essential for policymakers
because it can have a direct impact on their decision-making processes.

Let's consider a simple situation to illustrate this:

Imagine may group of policymakers tasked with promoting economic growth or development in a specific
region. If they fail to consider the geographical characteristics of the area, such as its proximity to coastal
regions and navigable waterways, they might invest in industries or infrastructure that are not well-suited for
the local geography. This could result in inefficient resource allocation, wasted funds, and slower economic
development.

question 2: how is it that these coastal regions and those connected to them through ocean-navigable
waterways are strongly favored for development.

Coastal regions and areas with ocean-navigable waterways are favored for development because they provide
easy access to transportation, trade, and resources. This facilitates the movement of goods, lowers
transportation costs, and encourages economic activities, leading to higher development potential.

siguro in a simpler analogy diba sa shopee when you live in manila or in a more accessible location mas mabilis
madedeliver yung parcel

if you live naman in a rural area, just like me for example in Cagayan valley my parcel would take aroung 1-2
weeks tas higher shipping fee pa around a hundred plus, so a more accessible location encourages a more
economic activities, a more activities leads to growth