ESPINAS | VILLAMER | CALLEJA
AC3
UCSP
The Rise of UKAY UKAY
WAGWAGAN MARKET
and
THE QUESTION IS
Should we legalize or ban Ukay Ukay in PH?
Why?
UKAY UKAY
- a term used for places that sell secondhand goods (such as clothing, shoes, bags, furniture, etc.) at cheap prices
- these goods are usually shipped from foreign countries
The number of Ukay Ukay stalls rose in relation to the rise of consumerism
FACTORS AFFECTING THE INCREASING PATRONAGE OF CONSUMERS TO UKAY UKAY
- Product affordability
- Availability of branded products at low price
- Uniqueness of products
- Durability
- Wide array of choices
- Traditional approach in Entrepreneurship
INSIGHT ABOUT THE TOPIC
Effects of
to Economy
Do you buy clothes from Ukay Ukay?
What comes into your mind when you hear the word
Who among you have already gone to an UKAY UKAY shop?
- would lower tax collection
- would affect the flow of money in the country's economy
- manufacture output of laborers would decrease
- local garment industry would fade
- drastic drop in productivity
Why or Why not?
"UKAY UKAY"?
ECONOMY
Why do you think people patronize ukay ukay or wagwagan market?
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