2024 Higher Education Learning Solutions Catalog

CONSTITUTION MADE SIMPLE

Section 18 1. Government ownership of business .................................. 279 Section 19 1. Meaning of monopoly .......................................................... 280 2. Regulation or prohibition of private monopolies ............ 280 3. Meaning of restraint of trade............................................... 280 4. Meaning of competition....................................................... 280 5. Meaning of unfair competition ........................................... 281 6. Combinations in restraint of trade or unfair competition prohibited .................................................. 281 Section 20 1. Central monetary authority to be established .................. 282 Section 21 1. Rules with respect to foreign loans .................................... 282 Section 22 1. Acts which circumvent or negate Article XII.................... 283 ARTICLE XIII — SOCIAL JUSTICE AND HUMAN RIGHTS Section 1 1. Concept of social justice ....................................................... 284 2. Equal rights and opportunities ........................................... 284 3. Beneficiary of social justice policy ...................................... 285 4. Duty of State to promote social justice .............................. 286 Section 2 1. Commitment to create economic opportunities............... 287 2. Fundamental rights of the poor .......................................... 287 LABOR Section 3 1. Protection to labor................................................................. 289 2. Promotion of full employment and equal work opportunities ................................................................... 289

Section 9 1. Independent economic and planning agency headed by the President to be established ................................ 268 Section 10 1. Filipinization of certain areas of investments................... 269 2. Formation of wholly-owned Filipino enterprises ............ 270 3. Regulation of foreign investments ..................................... 270 Section 11 1. Franchise to operate public utilities ................................... 271 2. Foreign participation in governing body and management of any public utility ................................ 272 Section 12 1. Adoption of “Filipino First” policy .................................... 272 Section 13 1. Promotion of trade policy that serves the general welfare .............................................................................. 273 Section 14 1. Promotion of national talent pool of Filipinos.................. 275 2. Encouragement of appropriate technology ...................... 275 3. Regulation of technology transfer ...................................... 275 4. Practice of all professions limited to Filipinos.................. 276 Section 15 1. Agency to promote viability and growth of cooperative to be created........................................... 277 Section 16 1. Formation, organization, and regulation of corporations ................................................................ 277 Section 17 1. Emergency take-over or direction of private business by the government.......................................... 278

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