Published on March 3, 2014
Social Science BETAR – Basic Economics, Taxation and Agrarian Reform
Considerations • Be familiar with economic concepts and laws. • Read the textbook in Fourth Year High School, if you have it. • Be up to date or know the latest news on Philippine economy (e.g. GDP growth), taxation (e.g. Tax evasion issue of Manny Pacquiao) and agrarian reform (e.g. Hacienda Luisita Issue). • Do not rely too much on the hand-outs and lecture. Do some research on your own.
Basic Economics Key tasks • Know the meaning of Economics and economic concepts (e.g. market, buyer and seller) and laws (e.g. law of supply and demand) • Learn how trade and commerce works within and between countries
Basic Economics • Economics - study of goods and services: the study of the production, distribution, and consumption of goods and services (Source: Microsoft® Encarta® 2009. © 1993-2008 Microsoft Corporation.) - study of how human beings allocate scarce resources to produce various commodities and how these commodities are distributed for consumption among the people in the society (Source: Maglente Review and Training Center Reviewer on General Education)
Basic Economics Some key terms: • Market - social arrangement that allows buyers and sellers to discover information and carry out a voluntary exchange of goods or services • Buyer – any person who contracts to acquire an asset in return form of consideration • Seller – any person who deals with trade, dealing in commodities that he does not produce himself for him to produce profit • Law of supply and demand – states that if the price is higher, supply is greater and demand is lower; if the price is lower, supply is lesser and demand is greater (Source: Maglente Review and Training Center Reviewer on General Education)
Taxation Some key terms: • Taxes – enforced proportional contributions from persons and property levied by the state by virtue of its sovereignty for the support of the government and for all its public needs • Taxation – the inherent power of the State, acting through the legislature, to impose and collect revenues to defray the necessary expenses of the government • Revenue – refers to all funds or income derived by the government (Source: Maglente Review and Training Center Reviewer on General Education)
Agrarian Reform Republic Act No. 6657 otherwise known as the Comprehensive Agrarian Reform Law (CARL) of 1988 was signed into law by President Corazon C. Aquino. • Land reform – refers to the full range of measures that may or should be taken to improve or remedy the defects in the relationships among men with respect to their rights in Land • The State pursues a Comprehensive Agrarian Reform Program (CARP) in order to: – Promote social justice – Establish owner-cultivatorship of economic sized farms as basis of Philippine Agriculture – Move the nation toward sound rural development and industrialization (Source: Maglente Review and Training Center Reviewer on General Education)
Betar: Logo officiel. Présentation; Fondation: 1923: Objectif: Protection de la communauté juive, lutte contre l’antisémitisme et l'antisionisme ...
1. Social Science BETAR – Basic Economics, Taxation and Agrarian Reform 2. Considerations • Be familiar with economic concepts and laws. ...
The History Of Betar: The First Generation of Free Men: The Birth of Betar: It was two years after the massacres of 1921, one year after ...
Lecture 37: Pseudocapacitors and batteries 10.626 (2011) Bazant ... Source: Lee, Seung Woo, Naoaki Yabuuchi, Betar M. Gallant, Shuo Chen, Byeong-Su Kim,
New York Betar held a rally outside Israel's Consulate against a withdrawal from Sinai. ^ ... In a question and answer period following the lecture, ...
Tag: Betar Report from Jerusalem, #17, October 2009. ... December 5th, 6.00pm Harrie Massey Lecture Theatre (E8), 25 Gordon Street, London WCIH OAY.
EEL News. Research Highlights; ... Betar Gallant will join the MIT Mechanical ... she will to give a lecture at their annual ...
Betar in Kurow, like other Zionist ... At that time, Jabotinsky came to Lublin for a lecture. All the Betar members of Kurow went to Lublin. Our joy was ...
Menachem Begin; מנחם בגין: 6th Prime Minister of Israel; In office 21 June 1977 – 10 October 1983: President: Ephraim Katzir Yitzhak Navon Chaim ...