What are the advantages of the Philippines?

Various descriptions to illustrate the country’s advantages are the country’s strategic location, hardworking and English-speaking people, continuous infrastructure for global growth, democratic government, liberalized economy, etc.

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In this manner, how is the Philippine archipelago formed?

Geologically speaking, the Philippine archipelago was formed by volcanic eruptions from under the sea and the buckling of the earth’s crust when two tectonic plates collided about 65 million years ago.

In respect to this, what are 5 interesting facts about the Philippines? Interesting Facts about the Philippines

  • It’s home to the world’s longest underground river. …
  • There are 175+ languages in the country. …
  • It boasts three of the world’s largest shopping malls. …
  • An island with more volcanoes than towns. …
  • It’s the home of Asia’s first Basketball League.

Subsequently, what are the advantages of the Philippines in other countries?

The Filipino workforce is one of the most compelling advantages the Philippines has over any other Asian country. With higher education priority, the literacy rate in the country is 94.6% – among the highest. English is taught in all schools, making the Philippines the world’s third largest English-speaking country.

What are the benefits of Philippines in joining the Asean?

Benefits of a citizen belonging to an ASEAN country member

  • Lower cost of living. …
  • Improved job opportunities and general well-being. …
  • Better job opportunities and education abroad. …
  • Less hassle in traveling. …
  • Philippines prosperity.

What are the characteristics of the Philippines as an archipelago?

Outstanding physical features of the Philippines include the irregular configuration of the archipelago, the coastline of some 22,550 miles (36,290 km), the great extent of mountainous country, the narrow and interrupted coastal plains, the generally northward trend of the river systems, and the spectacular lakes.

What are the competitive advantages of the Philippines in the world market?

The country has opened up its economy by allowing 100% foreign ownership in almost all sectors. It has strengthened its capital markets and has deregulated banking, insurance, and the shipping and telecommunication sectors, therefore removing most, if not all of the monopoly structures in the Philippine market economy.

What are the strengths of the Philippines that contribute to a greater integration?

1. Easier and cheaper travel options for everyone. 2. Cheaper goods and services.

What is Philippines comparative advantage?

The Philippines has a revealed comparative advantage in exporting from high technology industries. They constitute more than 50 percent of total goods exports, and they were affected during the global financial crisis.

What is Philippines old name?

The Philippines were claimed in the name of Spain in 1521 by Ferdinand Magellan, a Portuguese explorer sailing for Spain, who named the islands after King Philip II of Spain. They were then called Las Felipinas.

What is the competitive advantage of Philippine tourism?

As the Philippines has a natural competitive advantage in tourism because of the warmth of its people and its natural wonders that are yet to be fully harnessed, the government recognizes tourism as a major contributor to the generation of foreign exchange earnings, investments, and revenues, and to the growth of the …

What is the major landforms of Philippine archipelago?

The Philippines famous landforms are many and include the famed Chocolate Hills in Bohol , the famous rice terraces in Benguit, the Maria Cristina Water Falls (this is one of Philippines famous landforms and is know to be one of the world’s highest water falls) in Mindanao and of course the Palawan Underground River.

Why do you think it is called an archipelago?

The word “archipelago” comes from the medieval Italian word archi, meaning chief or principal, and the Greek word pelagus, meaning gulf, pool, or pond. Most archipelagos are formed when volcanoes erupt from the ocean floor; these are called oceanic islands.

Why is Philippines considered as an archipelago?

The Philippines is called an archipelago because it consists of thousands of islands.

Why is the Philippines prone to typhoons?

The Philippines is prone to tropical cyclones due to its geographical location which generally produce heavy rains and flooding of large areas and also strong winds which result in heavy casualties to human life and destructions to crops and properties.

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