SONA 2014 highlights several achievements of the government from year

2013 to 2014. President Benigno Aquino III talked about the different
achievements of the government on education, social services,
economy, improvement, infrastructure, calamity efforts, jobs,
rehabilitation after typhoons and earthquake, modernization of AFP,
security, ARMM Bangsamoro and livelihood. Just like his previous
speeches, Aquino used a lot of numbers and data in his SONA to give
emphasis that the countrys economy is now doing good, restoration after
calamities is fast, benefits of the Filipinos raise them from poverty, national
security and the education aspects are priorities. PNoy also defended the
controversial DAP by saying that around P1.6 billion fund was given to
Training-for-Work Scholarship Program of TESDA. A total of 223,615
beneficiaries have graduated with an equivalent of 146,731 graduates
currently working. He boasted that a lot of scholars are now working and
earning a living that is a big advantage for our economy. He also stated
that the governments investment on the TESDA scholarship was brought
back and the government received extra income from their investment. It
is a good result because the government helped a lot of scholars and at
the same time, earned some extra income, which is a big help in
maintaining the governments funds. A lot of positive outcomes was
stated and a lot of projects were made for the whole year. A lot of major
infrastructures were renovated and there is still a lot of newly-built
infrastructures. The Yolanda victims are now stable and they were
rehabilitated in a nice area and they were given jobs for them to
continue earn for their family. Aquino also said that AFP modernization will
continue as the government is targeting to acquire more aircraft and
radar system. Aquino also boasts the Expanded Conditional Cash Transfer
program, which has started this June with a budget of 12.3 billion.
According to him, the poverty incidence went down to 24.9% in the first
quarter of 2013. PNoy stated a lot of positive outcomes of the
government. At the end of his speech, PNoy gained rousing applause from
the crowd with his allies and family including Presidential sister and TV host Kris
Aquino shed tears upon hearing her fathers famous line, The Filipino is
definitely worth fighting for..








As a part of this society, it is my responsibility and obligation to
be aware of the things happening in my country. I must be
conscious and care for these things because it is important and
it would help me become more concerned about the
government and their contributions. Yesterday, July 28, 2014,
the president delivered his fifth State of The Nation Address
(SONA). Even though the presidents speech lasted for two
hours, I patiently listened throughout the speech and I carefully
listened to the details of his speech. PNoy stated a lot of
positive outcomes and projects of the government and I dont
know if it is true or not because the numbers are unbelievable
and I dont see any great changes in our country. There are
also many people whose reactions are violent and some rallied
and walked out during the SONA. There are a lot of people
who reacted negatively and it shows that many disagrees with
the things that the president said and its obvious that there are
some exaggeration and lies in the presidents speech. I am also
confused if the SONA yesterday is a lie or real. I was really sad
about what happened during the speech of the president, but
despite that occurrence, I also gained some insights and
information about the present condition of our country.





























Natural resources

Natural resources are materials and components (something that can be used)
that can be found within the environment. Every man-made product is
composed of natural resources (at its fundamental level). A natural resource
may exist as a separate entity such as fresh water, and air, as well as a living
organism such as a fish, or it may exist in an alternate form, which must be
processed to obtain the resource such as metal ores, oil, and most forms of
energy.

Manpower Resources

Human resources is the set of individuals who make up the workforce of an
organization, business sector, or economy. "Human capital" is sometimes used
synonymously with human resources, although human capital typically refers to
a more narrow view (i.e., the knowledge the individuals embody and can
contribute to an organization). Likewise, other terms sometimes used include
"manpower", "talent", "labour", or simply "people".

Financial resource

Financial resources are the cash funds that fill the deficit arising from the Timing
differences between a company's cash receipts and cash disbursements.
Financial resources are provided by different Investors (shareholders, lenders,
debtholders) in exchange for remuneration (dividends, interests, capital gains).

Capital Resources

Capital resources are goods produced and used to make other goods and
services. Basic categories of capital resources include tools, equipment,
buildings, and machinery. However, any good used by a business to produce
other goods and services is classified as a capital resource, including mundane
items such as shipping boxes, invoice forms, pens, or file cabinets.


Physical
Goods can often be classified as either consumer goods or capital goods. For
example, when a person buys a truck for personal use, the truck is a consumer
good. When a business buys a truck to transport products, the truck is considered
a physical capital good.

investment is putting money into an asset with the expectation of capital
appreciation, dividends, and/or interest earnings. This may or may not be
backed by research and analysis. Most or all forms of investment involve some
form of risk, such as investment in equities, property, and even fixed interest
securities which are subject, among other things, to inflation risk. It is
indispensable for project investors to identify and manage the risks related to the
investment.
Employment- Employment is a relationship between two parties, usually based
on a contract, one being the employer and the other being the employee.

Labor- Labor is a primary factor of production. The size of a nation's labor force is
determined by the size of its adult population, and the extent to which the adults
are either working or are prepared to offer their labor for wages.

Unemployment- total number of able men and women of working age seeking
paid work. Unemployment statistics vary according to how unemployment is
defined and who is deemed to be part of the workforce.

Frictional Unemployment- Temporary unemployment arising out of the inevitable
time lags in the functioning of labor markets, such as the time taken in moving
from one job to another.

Underemployment- A workforce condition whereby employees are being utilized
at less than full capacity. In this scenario, a company is typically not generating
adequate business to keep workers occupied at full-time wages or at
appropriate skill levels.

Profit- The surplus remaining after total costs are deducted from total revenue,
and the basis on which tax is computed and dividend is paid. It is the best known
measure of success in an enterprise.

Income- An excess of revenue over expenses for an accounting period. Also
called earnings or gross profit. An amount by which total assets increase in an
accounting period.

Rent- Surplus generated by the supply of any resource (capital, human, natural)
over the amount necessary to produce, or bring forth, the quantity of resources
supplied.

Interest- A fee paid for the use of another party's money. To the borrower it is the
cost of renting money, to the lender the income from lending it.