Name: EZRA D.
GAMBICAN
Soc Sci 103N Class Schedule: MTH 1:30 – 3:30 (Activity 5) Score: ____ / 30 pts.
I. Fill up the second Column of the table below by recalling the presentation in the
documentary film, The Corporation which you evaluated for Activity 2. Then do the same
for the third column as you assess the conditions in the Philippines. Answers must be in
phrases.
NEOLIBERALISM
Elements of Manifestations from the Film (The Corporation) Manifestations in the Philippines
Neoliberalism (one per element) (one per element)
Massive tax cuts
Deregulation of
the economy
Downsizing of
government
Strict control on
organized
labour
Privatization of
public
enterprises
Liberalization of
trade and
industry
Expansion of
international
markets
Removal of
controls on
global financial
flows
Reduction of
public
expenditures,
particularly
social spending
'Monetarist'
measures to
keep inflation in
check, even at
the risk of
increasing
unemployment
B. Explain why the Philippines remains to be a developing country despite its adoption of
neoliberal policies.
Name: EZRA D. GAMBICAN
Soc Sci 103N Class Schedule: MTH 1:30 – 3:30 (Activity 5) Score: ____ / 30 pts.