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A barangay (/ b ɑːr ɑː ŋ ˈ ɡ aɪ / Brgy. or Bgy.; Filipino: baranggay, [baɾaŋˈɡaj]; also pronounced the same in Spanish), formerly referred to as barrio, is the smallest administrative division in the Philippines and is the native Filipino term for a village, district or ward..
Etymology and terminology. The word 'land' is derived from Middle English land, lond and Old English land, lond (“earth, land, soil, ground; defined piece of land, territory, realm, province, district; landed property; country (not town); ridge in a ploughed field”), from Proto-Germanic *landą (“land”), and from Proto-Indo-European *lendʰ-(“land, heath”)..
An economy (from Greek οίκος – "household" and νέμoμαι – "manage") is an area of the production, distribution, or trade, and consumption of goods and services by different agents..