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Mining industry is a major source of income for the national government.
It provides jobs and funds to rural infrastructure projects like health center and farm-to-market roads. In the Philippines, most mining are owned by foreigners and are classified as FDI.
However, mining industry has its downside, civil society groups are opposing on the continues operation of mining companies in the country because it is responsible in the damage of the ecology and detrimental to the environmental security of the people.
List appropriate to ban the operation of mining companies in the country?
List down the pros and cons. Develop a policy to restrict if not control the entire industry.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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