I just make this blog for my economic subject. Through this, I can now communicate with my instructor Mr. James Daigdigan. Also, to utter class reference..
Currently, how much is the price of rice per kilo? When did this changes started? And why it continues to increase? These are the questions we are trying to raise.
Way back a couple of years, we started to feel the effect of changes of the market price in rice in the Philippines. The continuous and non-stop increase has led to economic crises. The traders as well as the consumers were challenged on how to deal with this event. Even if the government will arrange for funds to assist rice farmers, this is not enough solution to sustain their necessities generally the inputs. Now, is the government fully aware of such issue considering that in every increase of price of majority of the Filipino consumers are affected?
This economics issue is definitely alarming especially to the marginalize people of the country particularly my town, Kapalong. Kapalong is a first class municipality in the province of Davao del Norte of which 90% of its local income is derived from agriculture. At present, rice production in the locality is decreasing because most of the farmers had switch to banana export production. In effect the supply of rice is no longer enough for the consumption of the people in the locality. Hence, this happening seems to be one of the reasons of such increase.
Accordingly, another contributory factor to such event is the continuous increase of inputs such as seedlings, insecticides, fertilizers and labors. The higher the inputs of production, the higher the price of a product, this is actually the real scenario of the economy. Relatively, the government on the other hand, must do something to equalize the economy, that is, if the price of the commodity increases the payment of wages must also increase so that the people will not be affected economically.
Sorry for the inconvenience sir.. I posted my economic topic as well as the reaction on its newly page, please help me to read and check it, I posted the topic instead of the link since you said it is inaccessible.
http://archives.pia.gov.ph/?m=12&sec=reader&rp=1&fi=p080403.htm&no=8&date=
TumugonBurahinCurrently, how much is the price of rice per kilo? When did this changes started? And why it continues to increase? These are the questions we are trying to raise.
Way back a couple of years, we started to feel the effect of changes of the market price in rice in the Philippines. The continuous and non-stop increase has led to economic crises. The traders as well as the consumers were challenged on how to deal with this event. Even if the government will arrange for funds to assist rice farmers, this is not enough solution to sustain their necessities generally the inputs. Now, is the government fully aware of such issue considering that in every increase of price of majority of the Filipino consumers are affected?
This economics issue is definitely alarming especially to the marginalize people of the country particularly my town, Kapalong. Kapalong is a first class municipality in the province of Davao del Norte of which 90% of its local income is derived from agriculture. At present, rice production in the locality is decreasing because most of the farmers had switch to banana export production. In effect the supply of rice is no longer enough for the consumption of the people in the locality. Hence, this happening seems to be one of the reasons of such increase.
Accordingly, another contributory factor to such event is the continuous increase of inputs such as seedlings, insecticides, fertilizers and labors. The higher the inputs of production, the higher the price of a product, this is actually the real scenario of the economy. Relatively, the government on the other hand, must do something to equalize the economy, that is, if the price of the commodity increases the payment of wages must also increase so that the people will not be affected economically.
The link of you chosen topic is inaccessible.
TumugonBurahinPlease do not compose your post in the "comment box". Instead, look for the "create post" button.
Your views are nice. I'm happy that you have related the said issue to your personal life.
score:88%
Sorry for the inconvenience sir.. I posted my economic topic as well as the reaction on its newly page, please help me to read and check it, I posted the topic instead of the link since you said it is inaccessible.
TumugonBurahinhttp://franziblues-classreference.blogspot.com/2012/04/economic-issue-rice-crisis.html#comment-form