values Q1

Yellow Boat of Hope

A movement that provides boats to children who struggle to reach school

Jay Jaboneta

Founder of the Yellow Boat movement

Yellow Boat of Hope Foundation

Organization that helps poor communities through education and livelihood programs

Common Good

Conditions that help people reach their full potential

Gaudium et Spes

Vatican II document that defines the common good

Equality

Fair and respectful treatment of all people

Interdependence

Dependence of people on one another

Cooperation

Working together toward a shared goal

Cooperative

An organization where people work together for mutual benefit

San Dionisio Credit Cooperative

A Philippine cooperative that provides livelihood and financial support

Teaching How to Fish

Helping people become self-sufficient instead of only giving aid

Principle of Subsidiarity

Problems should be handled by the lowest capable level

Decentralization

Transfer of responsibilities from higher to lower levels

Delegation

Giving responsibility and authority to another person

Principle of Solidarity

Unity and concern for the well-being of others

Solidarity

Unity among people with shared interests or goals

Bayanihan Spirit

Filipino practice of helping others for the common good

John Gokongwei Jr.

Filipino businessman who overcame hardship and became a successful entrepreneur

Philanthropist

A person who uses resources to help others

Economic Growth

Increase in a country's production and economic activity

Gross Domestic Product

Measure of the value of goods and services produced in a country

GDP

Abbreviation for Gross Domestic Product

Consumer Price Index

Measure of changes in prices of common goods and services

CPI

Abbreviation for Consumer Price Index

Purchasing Power

Amount of goods and services money can buy

Inflation

General increase in prices

Productivity

Amount produced using available resources

Economic Resources

Resources used to produce goods and services

Renewable Energy

Energy from naturally replenished sources

Labor Force

People who are working or available to work

Capital Goods

Goods used to produce other goods and services

Technology

Tools and knowledge used to improve production

Research and Development

Activities used to create or improve products and technology

Specialization

Focusing on specific skills or tasks to improve efficiency

Inclusive Economic Growth

Growth whose benefits reach different parts of society

Economic Disparity

Unequal distribution of wealth or opportunities

Organization for Economic Cooperation and Development

Organization that promotes economic and social well-being

Self-Discipline

Ability to control actions and prioritize responsibilities

Consistency

Ability to remain dependable and committed

Stewardship

Responsible management of resources

Financial Responsibility

Wise and careful use of money

Circle of Influence

Things a person can directly affect

Circle of Concern

Things a person cares about but cannot directly control

Jay Jaboneta

Started the movement that became the Yellow Boat of Hope Foundation

John Gokongwei Jr.

Young entrepreneur who supported his family and later became a successful businessman