Geography

Question

SS-AEC-11 CE Why is Agribusiness important to the Philippines' Economy?

Oa. The Philippines is rich in agricultural lands.

Ob. The Agriculture industry is the backbone of the Philippine Economy

Oc. The Philippines is the top exporter of rice in the world.

O d. Most established businesses in the Philippines are from agricultural products.

Answer

Ob. The Agriculture industry is the backbone of the Philippine Economy.

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Agriculture is an important sector of the Philippine economy, accounting for around 11% of the country’s GDP and employing around 30%...