WORLD HISTORY

COLONIALISM AND IMPERIALISM

IMPERIALISM IN ASIA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the major motive for capturing the Philippines?
A
Eating marshmallows
B
Monetary Value
C
Access to other countries
D
Ability to mine items
Explanation: 

Detailed explanation-1: -The money and capital markets are the mechanism in our society for converting public savings into investments such as buildings, machinery and equipment, airports and highways, and inventories of goods and raw materials so the economy can grow, new jobs can be created and living standards can rise.

Detailed explanation-2: -The IMF monitors the international monetary system and global economic developments to identify risks and recommend policies for growth and financial stability. The Fund also undertakes a regular health check of the economic and financial policies of its 190 member countries.

Detailed explanation-3: -The primary objective of the BSP’s monetary policy is to promote a low and stable inflation conducive to a balanced and sustainable economic growth.

Detailed explanation-4: -Industry and Trade Services, industry, and agriculture are the main sectors of the Philippine economy. Food processing, cement, iron, and steel production, and telecommunications are among the country’s most significant contributors.

There is 1 question to complete.