The Philippine economy is growing steadily! π’
The country relies on agriculture, manufacturing, and services. Farming is important, and rice, coconuts, and sugarcane are major crops. πΎ
The Philippines is also famous for its natural resources like nickel and
copper. In recent years, the service industry, especially BPO (Business Process Outsourcing), has become a significant part of the economy, providing many jobs! Itβs also well-known for remittances, which are money sent back home by Filipinos working abroad. π΅
Overall, the economy continues to develop as technologies and innovations improve!