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The Gini coefficient is also known as Gini index or Gini Ratio. It measures the degree of inequality in the distribution of family income in a country. [6] A Lorenz curve plots the cumulative percentages of total income received against the cumulative number of recipients, starting with the poorest individual or household.
The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
Historical distortion regarding Ferdinand Marcos is a political phenomenon in the Philippines. Ferdinand Marcos was the country's president between 1965 and 1986.Distortion, falsification, or whitewashing of the historical record regarding this period, [1] [2] sometimes referred to using the phrases "historical denialism", "historical negationism", or "historical revisionism" as a euphemism ...
The critical role played by the Filipinos in shaping the Philippine national history in this period is well highlighted and analyzed based on the accounts on the revolution and the Philippine–American War as it describes the social, economic, political, and cultural conditions of the Philippines.
The subduction zones that surround most of the archipelago are the source of many of the larger earthquakes that strike the Philippines. This includes both faulting along the plate interfaces and within the subducting slabs. For the Philippine Trench, examples of those on the plate interface are the 1988 M w 7.3 and the 2023 M7.6 events.
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
The history of the Philippines dates from the earliest hominin activity in the archipelago at least by 709,000 years ago. [1] Homo luzonensis, a species of archaic humans, was present on the island of Luzon [2] [3] at least by 134,000 years ago. [4] The earliest known anatomically modern human was from Tabon Caves in Palawan dating about 47,000 ...
Flag of Bohol. The Dagohoy rebellion features in the Bohol provincial flag as one of the two Sundang or native swords with handle and hand-guards on top. These two sundang, which are reclining respectively towards the left and right, depict the Dagohoy and Tamblot revolts, symbolizing that "a true Boholano will rise and fight if supervening factors embroil them into something beyond reason or ...