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PPC GP4 Popular Culture and Economics

The document discusses popular culture and its relationship to economics. It states that popular culture is market-based rather than aesthetically-based, and focuses on commodities produced for profit. It also discusses how the integration of cultures can drive economic growth by making people more open to cross-cultural business collaborations. Additionally, it provides details on the largest ethnic groups in the Philippines, including Tagalogs and Cebuanos. The Tagalog ethnic group is the largest, concentrated in and around Manila, while Cebuano is the second largest group.

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Barut Shaina Tabian
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1K views12 pages

PPC GP4 Popular Culture and Economics

The document discusses popular culture and its relationship to economics. It states that popular culture is market-based rather than aesthetically-based, and focuses on commodities produced for profit. It also discusses how the integration of cultures can drive economic growth by making people more open to cross-cultural business collaborations. Additionally, it provides details on the largest ethnic groups in the Philippines, including Tagalogs and Cebuanos. The Tagalog ethnic group is the largest, concentrated in and around Manila, while Cebuano is the second largest group.

Uploaded by

Barut Shaina Tabian
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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A.

POPULAR CULTURE AND


ECONOMICS

B. RACE

C. ETHINICITY
GROUP 4
A. POPULAR CULTURE AND
ECONOMICS

• Popular cuture is market-based rather than aesthetic


based. In other words, it is the culture that is most
“popular” in an economic sense; what TV programs
receive the most viewers, radio the most listeners,
recording the most buyers, and movies the most
ticket-buyers.
What is popular culture
relationship with economy?
• The association of popular culture with mass
culture leads to a focus on the position of popular
culture within a capitalist mode of economic
production. Through this economic lens, popular
culture is seen as a set of commodities produced
through capitalistic processes driven by a profit
motive and sold to consumers.
What is the relationship between
culture and economic development?
• Fusion or integration of cultures help to drive
economic growth. This fusion makes the
members of various cultures more receptive to
the possbility of economic cross-cultural
collaborations with those of other cultures.
Philippine Races
Philippines raises key interest rate to 6%,
Indonesia holds steady
• MANILA/JAKARTA -- The Philippines' central bank on Thursday lifted
its key interest rate by 50 basis points after inflation hit a fresh 14-year
high, while Indonesia kept its benchmark unchanged for the first time in
half a year.
• In its first policy meeting of 2023, the Philippine central bank raised the
benchmark rate to 6%, sustaining a tightening cycle that started last
year, when the rate was hiked by a total of 3.5 percentage points. The
key rate is now at its highest since August 2008.
• Philippine central bank Gov. Felipe Medalla signaled further tightening,
after the bank revised its 2023 full-year inflation forecast to 6.1%
versus 4.5% in the December review. The central bank's inflation target
range is 2% to 4%.
Ethic Groups
• The majority of the people in the Philippines are of
Austronesian descent who migrated from Taiwan
during the iron Age. They are called ethnic
Filipinos. The largest Filipino ethnic groups include
the Tagalog, Cebuano, ilocano, Bicolano,
Kapampangan, Maranao, Maguindanao, and
Tausug.
What race are most Filipino?
• The majority of Filipinos are lowland
Austronesians, while the Aetas (Negritos), as
well as other highland groups form a minority.
The indigenous population is related to the
indigenous populations of the Malay
Archipelago.
ETHNICITY
What is the first ethnicity in the Philippines

• The Philippines collectively are called Filipinos.


The ancestors of the vast majority of the
population were of Malay descent and came
from the Southeast Asian mainland as well as
from what is now Indonesia.
WHAT IS THE LARGEST
ETHNICITY IN THE
PHILIPPINES?
TAGALOG
• The largest ethic group in the Philippines, the
Tagalog are concentrated about metropolitan
Manila and represent the major population
component of the Luzon provinces of Rizal,
Laguna, Cavite, Batangas, Bulacan, and Nueva
Ecija.
What is the second largest ethic
group in the Philippines?
• Cebuano, also called Cebuano or Sugbuhanon,
the second largest largest ethnolinguistic group
(after Tagalog) in the Philippines, numbering
roughly 16.5 million in the second decade of the
21st century

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