Wednesday, July 17, 2019

Economic Crisis: Solutions Essay

Global crisis is clearly felt nowadays, not only by third field countries but also by the plentifuler and industrialised countries. Uprisings be recurring in unlike parts of the world by great deal who want change and a recrudesce life. Even in our hoidenish, the crisis is getting heavier to each one day. scarcely then the real read/write head is not the what, but more so, the how. How do we really resolve this problem? It is not unknown to us that the Philippines is in feature a country rich in natural resources.Even if the worst comes, we gouge certainly sustain our living on our own. alone what is happening now? wherefore are we poorer than we were before? One of the problems is our race with the country United States of America. They are presently exploiting both our natural and human resources. In addition to that, we are trying to bond paper them out from their economic crisis by stipendiary our debt to them, in turn ignoring the needs of our own. The admini stration now is trying to lessen our debt by paying them little by little.But then who is suffering? The people. Right now, the rich countries are continuously becoming richer, and the poor, poorer still. They are feeding off of us. The solution hack our dependence to them. Some might that the US is the major source of investments in the country. But the effect is short term only. erstwhile they pull out the capital that they invested, our parsimony would instantly run down the proscribe slope. So evidently, we cant flat cut our connection to them. I set up we start off clarified at first.For one, the government could redistribute the lands of the landlords to the farmers because small casing industries are much of a garter in our economy. And also by doing this, we are not giving the control to our sylvan economy to few people only. Second, major companies in the country should be in the first place owned by the Filipinos. It retroverts the people jobs, the country hig her internal revenue and we maintain them from over-exploiting our cheap human resources. Third, as a student and a scholar, academics should learn how to give back to our country.The youth and the intellectuals should be utilised in our own country, not abroad. We see enough bright minds here in the Philippines to device plans and start companies that may be beneficial to our economy. We can undoubtedly bear out on our own. It is just that we were born on a mindset that we can neer be independent. We can live without the aid of the United States. There should be change, no matter how small it is. We should start on our own selves. A million small changes when combined can definitely shuffle a large difference.

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