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Business
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Number of pages / Number of words: |
4 / 1016 |
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Industry is highly monopolized. Mismanagement caused the land to be unequally distributed. Reforms that were made had little progress. Income was highly monopolized as well. The 10% of the rich population got richer. There was a small attempt to redistribute the money, but the only people who seemed to benefit from this were the middle class...
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There was a small attempt to redistribute the money, but the only people who seemed to benefit from this were the middle class. President Aquino made an effort to destroy the monopolies, boost the economy, and create more jobs for the lower class. She was only able to bust down the state protected monopolies and because her efforts failed, poverty continued to weigh heavily on the Philippines...
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