Question

Direction: Explain how the statement above affects the social, political,
environmental and cultural settings of the Philippines. Express also your views on
how you going to response to these changes
How COVID-
19 affects:
Explanation:
Your Response:
Social Change:
Political
Change:
Environmental
Change:
R And in mul
Cultural
Change:​

Answer 1

Explanation:

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Answer 2

The social economy is distinguished by its emphasis on sustainable and inclusive economic procedures:

(i) by tackling social requirements;

(ii) by structuring economic activities with local roots and participative and democracy governance; and

(iii) by collaborating closely with other economic players and relevant stakeholders.

There has never been a greater demand for the social economy. Organizations working in the social economy have proven to be a reliable collaborator, operating at the frontline of the crisis to meet critical sanitary and social demands. However, they, like other economic actors, are suffering from the effects of the lockdown, including a drop in revenue. Certain legal arrangements used in the social economy may make it difficult for businesses to receive government assistance.