What country owns the Philippines?
By the Treaty, Cuba gained its independence and Spain ceded the Philippines, Guam and Puerto Rico to the United States for the sum of US$20 million.
Where is the exact location of the Philippines in the world map?
The Philippines are located at a latitude of 14° 34′ 59.99″ N and a longitude of 121° 00′ 0.00″ E. The latitude of the Philippines expresses the country’s location relative to the equator. That said, the Philippines is above the equator and part of the northern hemisphere.
Is the Philippines a third world country?
The high expectations of the early post-War years failed to materialize and today the Philippines remains very much a part of the Third World. This, despite the existence of a number of factors that were conducive to sustained economic growth. Chief among these was the rich physical endowment of the Philippines.
Why is Philippines a third world country?
There are many reasons why the Philippines is considered a Third world country. The country faces issues such as congestion, high poverty rates, high levels of crime, and corruption.