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dentify examples of economic systems in the Philippines. Describe how these systems address economic questions.
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dentify examples of economic systems in the Philippines. Describe how these systems address economic questions.

User Jamie Hale
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Answer: The Philippines has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. Philippines is a member of the Asia-Pacific Economic Cooperation (APEC) and the Association of Southeast Asian Nations (ASEAN).

Step-by-step explanation:

There are many different types of economic systems used throughout the world. Some examples are socialism, communism, and capitalism.

User Abosede
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