Is the Philippines an emerging nation?
This is homework and this is what it says.
"Economic Factors: Money? Exchange Rate to US Dollar. Emerging Nation? Third world Country? Major Industries? Per Capita Income?"
- clncarplzLv 74 years agoFavorite Answer
Please excuse the trolls as they need to GET A LIFE
The Philippines is an emerging country. The new President Duterte is doing a good job of getting rid of druggies & corruption.
Economic Factors are lack of Money, Too many people & not enough jobs. Min wage here is P 466 ($9 US) per DAY not per hour but per DAY. But even that low many people work for P 100 ($2 US)
Exchange rate is roughly $1 = P50
- Anonymous4 years ago
- 4 years ago
I have an emerging Phillipenis.