Rather than using page protectors, you could use glassine interleaving, which is the traditional means of protecting stamps where both sides of a page are used. It's also worth checking that the quality of the paper in the album justifies its continued use.
1. The album, which is a low-end beginner's album printed on poor quality paper, which is toning from its acid content (and as you noted, the page tearing). Some collectors collect vintage albums, and this one is collectible from that perspective, but it is not an album most collectors would add additional stamps to. I would remove the stamps from it and retire it. Any changes to sleeve or interleave the pages invests too much time/money for its value and compromises the integrity of it as a collectible vintage album.
2. The stamps. None shown so hard to develop much advice, but the fact that there are some low-value spots shown which are empty would indicate this is a beginner's collection. Even an advancing beginner would have some stamps on the pages shown. It would be useful to show a page or two which are fairly well-filled.
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