Types of economic activities in Philippines

Looking for good examples of economic activities?

 

Watch closely.

 

I was inspired to write this article because of what I experienced in my research in one of the villages in Calbayog City.

Aside from that, I found some interesting list of traditional economic activities from the group work of my economics students.

But, before anything else let me define economic activity.

Business Dictionary defines economic activity as “Actions that involve the  production,  distribution and  consumption of  goods and services at all levels inside of a society.  Gross domestic product, or GDP, is an excellent method of assessing economic activity, and the  degree of  current economic activity and  forecasts for its future level can significantly  impact  business activity and  profits, too as  inflation and  interest levels.”

On the other hand, a traditional economy is “an original economic system through which traditions, customs, and beliefs shape goods and the services the economy produces. Countries, involving this type of economic system tend to be rural and farm-based.” en.wikipedia.org/wiki/Traditional_economy

From that definition alone, Philippines is considered as an agricultural country which most products are distributed and produced in a traditional way.

For example, in the left photo. Triver trekkinghis was taken when we had our research survey in Cag-anahaw Calbayog City.

To reach the village, you need to walk three and a half hours with normal pacing for people who are not used in hiking.

If you will ride in what they called “Tabaw” or raft, you only need two and half hours through the river.

Since we only had enough money that time, we chose to trek the river in going there to conduct our survey.

raftAlong the way, we saw these men pulling a tube with rope with the goods on it.

I can’t imagine the effort this man had to give in order to transport these goods to their village.

As defined earlier, traditional economy is an economic activity which is based from the past experiences handed from generation to generation.

In that village, it is one of their major transportation of goods.

raft in cag-anahaw

And its not just goods but also people.

Why?

In order to make haste of time in going to the city, residents in the barangay used this raft to transport them to the nearest barangay road.

It only cost you Php 100 per ride for 2 and half hours.

But, you can sleep while in the raft though.

Watch this video as we rode this raft.

Aside from this traditional economic activity, here are some good examples of economic activities based on the customs and traditions of Filipinos.

Traditional Economic Activities

Pagbayo san humay

Puto Rice

Puto Cassava

Ginamos

Tuba  (Wine) Making

Bagoong Making

Pinipig

Tinapa Making

Pandayan sa Calbayog

Copra

Pawod Making (Nipa)

Bulad (dried fish)

Budo

Salted egg

There are many traditional economic activities that you can add here.

What’s your idea?

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