Ariel H.

Dolar
BEED-II

1. Is it a moral obligation on the part of the

government to redistribute land to tenant-farmers?
why and why not?
- It is because the government needs hand to do work on
the crop that is needed on the economy. The goods that
we need to be alive everyday is because of the tenants
farmers that’s why government is obligated redistribute
the land.
2. Evaluate the effect of unhealthy competition cause
by innovations.
- When the company innovates the no. 1 effect of it is
unemployment because the machine can work the
capacity of the past workers it is the unhealthy
competitive of innovation.
3. Determine how international trade affects local
world market.
- Because nowadays the people in our country patronize
foreign products. Sometimes is based on the price
because the foreign product is much cheaper than the
local product like product from China. It is the reason of
the less GDP rate of our country.
4. State the significance of research and development
to economic progress.
- The research and development is making our economy
progress because of the researches that can make the
goods be easily made with high quality making the
consumers healthy and be productive. The inventions of
intellectual people can make the economic grow making
the lives of every people easy.
5. Prove that income inequality hinders the economic
development of a country.
- It is because of the work of the people is not a bit
satisfying because of the little income they get. The
income of the people is the money comes from the
government and the lesser the income the lesser the
money and tax of the government can get that’s the
reason of the slow development of our economy.