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    Article XII: National Economy and Patrimony

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    Chrise Talens
    This document outlines 22 sections related to the national economy and patrimony of the Philippines. Key points include mandating the state to accomplish three-fold goals of the national economy including industrialization and full employment. It also covers state ownership of natural resources, classification of public lands, protection of indigenous communities' ancestral lands, and various policies around business ownership, foreign investment, trade, and monetary systems. The overall document provides a framework for the national economic policies and systems of the Philippines.

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    Article XII: National Economy and Patrimony

    Uploaded by

    Chrise Talens
    27 views23 pages
    This document outlines 22 sections related to the national economy and patrimony of the Philippines. Key points include mandating the state to accomplish three-fold goals of the national economy including industrialization and full employment. It also covers state ownership of natural resources, classification of public lands, protection of indigenous communities' ancestral lands, and various policies around business ownership, foreign investment, trade, and monetary systems. The overall document provides a framework for the national economic policies and systems of the Philippines.

    Original Description:

    article 12 of the Philippine Constitution

    Original Title

    Article XII

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    © © All Rights Reserved

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    This document outlines 22 sections related to the national economy and patrimony of the Philippines. Key points include mandating the state to accomplish three-fold goals of the national economy including industrialization and full employment. It also covers state ownership of natural resources, classification of public lands, protection of indigenous communities' ancestral lands, and various policies around business ownership, foreign investment, trade, and monetary systems. The overall document provides a framework for the national economic policies and systems of the Philippines.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    27 views23 pages

    Article XII: National Economy and Patrimony

    Uploaded by

    Chrise Talens
    This document outlines 22 sections related to the national economy and patrimony of the Philippines. Key points include mandating the state to accomplish three-fold goals of the national economy including industrialization and full employment. It also covers state ownership of natural resources, classification of public lands, protection of indigenous communities' ancestral lands, and various policies around business ownership, foreign investment, trade, and monetary systems. The overall document provides a framework for the national economic policies and systems of the Philippines.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    of 23

    Article XII

    National Economy
    and Patrimony

    Section 1
    Concept of National Economy and
    Patrimony
    Three Fold goals of the national economy
    Mandate of the state to accomplish goals
    Guidelines in the development of the
    national economy
    Promotion of industrialization and full
    employment
    Protection of the Filipino enterprises
    against unfair foreign competition and
    trade practices

    Section 2
    State ownership of natural
    resources
    Objectives of policy on natural
    resources
    Alienation of agricultural lands
    of the public domain
    Protection of marine wealth

    Section 3

    Classifications of
    lands of the public
    domain

    Section 4
    Congress to determine
    specific limits of forest
    lands and national parks.

    Section 5

    Protection of rights of
    indigenous cultural
    communities to their
    ancestral lands.

    Section 6

    Rights to own, establish


    and operate economic
    enterprises.

    Section 7

    Acquisition of private lands


    Prohibition against alien
    landholding

    Section 8

    Right of natural- born citizen


    who have lost their citizenship to
    acquire private lands

    Section 9

    Independent economic
    planning agency headed by
    the president to be
    established

    Section 10

    Filipinization of certain areas of


    investments
    Higher percentage of Filipino
    ownership.

    Section 11
    Limitation upon grant of
    franchise
    Equity participation in public
    utilities
    Foreign participation in any
    public utility

    Section 12

    Adoption of Filipino First


    Policy

    Section 13

    Promotion of trade policy


    that serves the general
    welfare

    Section 14

    Promotion of national
    talents pool of Filipinos.

    Section 15
    Agency to promote
    viability and growth of
    cooperatives to be
    created.

    Section 16
    Creations of governmentowned or controlled
    corporations
    Formation , organization
    and regulation of
    corporation

    Section 17

    Temporary take over or


    direction of private
    business by the
    government

    Section 18

    Government ownership
    of business

    Section 19

    Regulation or prohibition of
    private monopolies

    Section 20

    Central monetary
    authority to be
    establish.

    Section 21

    Rules with respect to


    foreign loans

    Section 22

    Acts which circumvent or


    negate Article XII

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