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fs.Socio-economic

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Shared by: jen alburo
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9/5/2009
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Socio- Economic Study The laundry shop, BIBA Lavandera, will definitely have good role in the community. This will create employment and income especially to those residents of the village. The laundry shop will provide steady source of income that eventually improve the standards of living of the employees that will affect the growth of the economy. Laundry shop is a large, growing and unique industry in the Philippines. In connection to this, the BIBA Lavandera will obviously help the economy by being a good tax payer. These taxes are the land taxes, individual income tax of the employees, social tax paid by employers, VAT taxes paid by the operators, and the like. The laundry shops provide significant economic and social contributions to Filipino families and to the country as a whole. The production of the laundry shop favorably affects the supply situation of the industry in different ways. Robinsons Homes East already had laundry shop; the establishment of BIBA Lavandera in the premise will help reduce the supply shortage within the village that will result in cheaper prices. A. Socio- Economic Benefits i. Employment and Income ii. Taxes iii. Supply of commodities iv. Demand for materials





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