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Social Stratification In The Philippines

Published on Nov 18, 2015

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PRESENTATION OUTLINE

DAVID CONSUNJI

NET WORTH: $ 2.7 BILLION

JOHN GOKONGWEI JR.

NET WORTH: $ 3.2 BILLION

ENRIQUE RAZON JR.

NET WORTH: $ 3.6 BILLION

LUCIO TAN

NET WORTH: $ 4.5 BILLION

HENRY SY

NET WORTH: $ 13.2 BILLION

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HIGH INCOME CLASS

ANNUAL PER-CAPITA INCOME: ABOVE PHP 805,582

MIDDLE INCOME CLASS

ANNUAL PCI: PHP 65,787- PHP 805,582

LOW INCOME CLASS

ANNUAL PCI: BELOW PHP 65,787

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PERCENTAGE DISTRIBUTION OF SOCIOECONOMIC CLASS

24% OF FILIPINOS ARE IN THE MIDDLE CLASS

35% OF MIDDLE INCOME INCOME FAMILIES LIVE IN URBAN AREAS

WITH 10-12% IN RURAL AREAS

WHAT IS THE MIDDLE CLASS?

  • Have enough to cover basic needs
  • Can freely make lifestyle choices
  • Balance between rich and poor

Importance of Middle Class

- better education will allow them to be informed on issues in the country

- vote for the right politicians

- symbolize development

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