ECODEPT UNIT 3

education

Kevin Rudd says "____________ is both a tool of social justice as well as a fundamental driver of economic development.

True

Government leaders believe on the capacity of its human capital to increase nation's productivity, thus growth in the long-run.True or False?

human capital

____________ is the productive investments embodied in human persons, including skills, abilities, ideals, health and locations often resulting from expenditures on education, on-the-job training, programs and medical care.

lack of funds

Due to this problem in India, most public educational institutions lack infrastructure, science equipment, libraries, and other learning facilities due to decreasing budgetary appropriations for education.

Expensive Higher Education

Privatization of higher education has led to the growth of profit hungry few businessmen. The fee is too high for an average man to afford.

Neglect of Indian languages

Science classes are taught in English. Students who are not well-versed in the English language find it difficult to comprehend. Primary schools use mother tongue as the medium of instructions.

Problem of brain-drain

Educated individuals chose to seek work outside the country because they do not get suitable jobs, or they do not find the compensation package rewarding.

mass illiteracy

Despite of the constitutional directives and developmental planning of the Indian government, 35% of its people are illiterate.

Wastage of resources

They leave school even before they graduate. This is a misspending and considered as waste of the financial resources of the country.

General education oriented

The technical and vocational education is still raw and unproductive.

Problems of primary education

Large number of primary schools have no basic facilities like, safe and clean drinking water, no electricity, no furniture, no urinals, study materials and the like.

-Poverty-High population, less budget in education-Improper planning and dishonesty-Social backwardness in rural areas-Low gross enrollment rate in higher education-Rapid opening of low quality learning institutions-Absence in effective strategies

Enumerate the obstacles in the growth of education in India.

Deteriorating quality of education

a common complain of most Filipino teachers in college of students who can barely read, nor express themselves using correct basic English language.

Colonial, feudal, imperial, commercial, and elitist orientation in Philippine education

Philippine educational system still has the touch of the western culture; Philippine constitution instills the right of every Filipino to quality education, reality tells that to get a better and of high quality education is expensive.

Shortage of school buildings, textbooks, and equipment

Learning facilities are dilapidated, laboratory rooms are short of laboratory apparatus, computer units are limited.

Overworked and underpaid teaching staff

Though the present government has already increased the teachers' salaries, others still feel that their disposable income is still not sufficient amid the growing inflation.

Bilingual Policy and problem of a national language

Students in the provinces commonly experience difficulty in using fluent Pilipino language.

Mismatch

Most of the graduates do not fit the requirements or competence industries look for.

True

Budget cuts is one of the obstacles to growth of education in the Philippines.True or False?

budgetary appropriation

_______________ for education speaks all of the direction of the education system.

True

The objective of education in school should meet goals we set for our children our community, our country and ourselves.True or False?

False - directly

Health is inversely proportional with education.True or False?

healthy citizenry

A ___________ is an asset of the country capable of contributing to its productivity.

accessibility

Lack of __________ serves as a drawback in India's healthcare sector.

Greenhouse gas emissions

______________ are the result of human activities particularly the burning of carbon/fossil fuels as a source of electricity, heat, and transportation.

conflict

According to WHO, "the already difficult task of containing disease outbreaks is made more challenging in countries rife with _______________

Making health care fairer

Health challenge stating that quality health-care is said to belong to the rich countries and its people and people in poor countries live up to the kind of healthcare the government can provide to them.

expanding access to medicines

The WHO reports that the challenge of _________________ in areas where few, if any, healthcare products are available includes combatting substandard and imitation medical products.

Sufficient funding and strong healthcare system

__________________ and _________________ are key to reverse the vulnerability to illnesses.

True

Governments need to invest and put sufficient fund for the research and development as a means of identifying ways to combat emerging potential diseases that may affect its people.True or False?

False

The kind of food that people eat do not serve as a parameter for health and life-span.True or False?

Consumerism

________________ leads people to buy and consume "junks" for the body, leading to the neglect in taking care of his/her well-being.

government

The __________ has a big role to play to save its youngsters from cases of suicide, road accidents, drug abuse/overdose, and domestic violence all over the world.

False

Promoting positive mental health among them should not be advocated on by the government, school administrators, and parents/family.True or False?

Medical/Health workers

They are agents in saving lives.

Trust and confidence

___________ and _____________ are great factors that needs to be earned by them from the people as they carry out their duties.

True

Social media platforms play a great contribution in establishing trust and harmonious rapport between the people and the medical and health workers.True or False?

agriculture

_____________ is the mainstay of the less-developed countries' economies, underpinning their food security, export earnings and rural development.

Monsoon rains

___________________ cause great adverse impact in the production of food grains and other crops

Illiteracy

_____________ on the importance of crop rotation and what it can bring to increase the fertility of the soil is the very reason why the quality of farm grain-crops deteriorates.

Kilusang Kabuhayan at Kaunlaran or KKK

The ___________________ was the micro-financing infrastructure of the government to promote its rural development program.

Limited diversification and low productivity

_________________ and _____________________ in agriculture are of great problem to the agriculture sector.

-Limited diversification and low productivity in agriculture-Climate Change-Natural resource degradation

Enumerate agriculture problem in the Philippines.

credit

Ray Dalio believes that _______ is the most important part of the economy. It increases spending, thus increasing income in the economy.

Underground economy

______________, also termed as shadow economy, is the transaction of goods or services not reported to the government and therefore, beyond the reach of tax collectors and regulators

unregistered enterprises

Small farmers, producers, and independent traders operating in the informal urban and rural sectors of the economy are usually _____________________.

Agriculture finance

________________ empowers poor farmers to increase their wealth and food production to be able to feed 9 billion people in 2050.

True

The higher the savings there is in the economy, the greater is the capability of banks to lend money in the form of credit to people and businesses.True or False?

False - increase

Thriftiness and rational buying is practiced to decrease savings rate.

investment ; loan

The money people and businesses save in banks are used by banks in the form of ____________. Banks lend this money in the form of _____________.

Credit facilities and tools

_____________ are technology-based for accessibility real time. Transactions are cashless and available anytime of the day.

d.

Role of credit wherein businessmen and ordinary individuals alike can access to any available credit opportunities through its credit facilities for additional capital for business.a. Sale of Bondsb. Procurement of consumer goodsc. Opportunity to compete as a potential entrantd. Provision of Working Capitale. International payment

c.

Credit allows a potential entrant to compete as a newbie in the industry, especially where high capitalization is needed.a. Sale of Bondsb. Procurement of consumer goodsc. Opportunity to compete as a potential entrantd. Provision of Working Capitale. International payment

a.

Firms can avail of credit through selling its bonds.a. Sale of Bondsb. Procurement of consumer goodsc. Opportunity to compete as a potential entrantd. Provision of Working Capitale. International payment

...

Credit enables the consumer to purchase consumption goods like appliances, car, house, and others via credit.a. Sale of Bondsb. Procurement of consumer goodsc. Opportunity to compete as a potential entrantd. Provision of Working Capitale. International payment

...

Payments for international trade and business can be done through the bills of exchange.a. Sale of Bondsb. Procurement of consumer goodsc. Opportunity to compete as a potential entrantd. Provision of Working Capitale. International payment

d.

Credit encourages savings. The higher the savings there is in the economy, the greater is the capability of banks to lend money in the form of credit to people and businesses.a. Large Scale Productionb. Shifting Of Capital To Productive Purposesc. Economy in the Use of Metald. Increase In Saving Rate

a.

Credit opportunities and facilities are very much necessary in countries where there is capital shortage. This is to encourage increase in production and economies of scale which would result to reduced production cost per unit.a. Large Scale Productionb. Shifting Of Capital To Productive Purposesc. Economy in the Use of Metald. Increase In Saving Rate

b.

The money people and businesses save in banks are used by banks in the form of investment. Banks lend this money in the form of loans. People and businesses borrow money to augment household expenditures and increase capitalization.a. Large Scale Productionb. Shifting Of Capital To Productive Purposesc. Economy in the Use of Metald. Increase In Saving Rate

c.

Credit facilities and tools are technology-based for accessibility real time. Transactions are cashless and available anytime of the day. Use of metal coins is old school.a. Large Scale Productionb. Shifting Of Capital To Productive Purposesc. Economy in the Use of Metald. Increase In Saving Rate