Question

What are the advantages or disadvantages of tributo in the philippines?

Answer 1

The advantages of outsourcing in the Philippines include higher wages for local workers and economic growth, while disadvantages may include reliance on foreign corporates, exploitation risks, and possible negative impacts on local businesses.

Step-by-step explanation:

The question pertains to the advantages or disadvantages of tributo in the Philippines, which historically refers to a colonial tax or tribute that the natives had to pay to Spanish conquerors. However, the question seems to be more relevant to the topic of outsourcing and economic decisions within the Philippines currently.

The advantages of outsourcing in the Philippines include offering higher wages to local employees compared to the national average and bolstering the economy through these corporate investments.

On the other hand, disadvantages might include reliance on foreign corporations, potential exploitation of local workforces due to lower wages than would be paid abroad, and possible impacts on local business culture and job stability.

Answer 2

The advantages of tributo in the Philippines include increased investment in the local economy, improved infrastructure, and job creation. The taxes collected by the government act as an incentive for businesses to invest in the region, which in turn can lead to more economic opportunities. Additionally, local infrastructure can be improved through the spending of the taxes collected, leading to better roads, ports, and other public services. The primary disadvantage of tributo is that it can lead to higher prices for consumers, as businesses may pass on their increased tax burden to the end user.