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30 Δεκ 2023 · Philippine Poverty and Farm-Based Economy Have Roots in Colonial Era - The New York Times. Photographs and Video by Jes Aznar. ‘There’s No Other Job’: The Colonial Roots of Philippine...
Free trade had the effect of enriching the landowning Filipino elite. But it also made the Philippine economy profoundly dependent on the United States, vulnerable to its many booms and busts. Additionally, it had the long-term effect of discouraging crop and market diversification and the development of manufacturing industries.
Economy. The Philippines’ economy is continuing to grow and is moving away from agriculture exports and toward electronics and oil. GDP: $694.5 billion. Per Capita Income: $7,000. Unemployment Rate: 7.2 percent. Population Below Poverty Line: 26.5 percent Inflation Rate: 4.5 percent
The recorded history of the Philippines between 900 and 1565 begins with the creation of the Laguna Copperplate Inscription in 900 and ends with the beginning of Spanish colonization in 1565. The inscription records its date of creation in 822 Saka (900 CE).
1 Ιουν 2021 · This economic turn correlated to the colonial enterprise’s next phase: developing export industries and attracting capital investment. Curiously, despite a population of over ten million, officials spoke frequently of a labor shortage that they feared might cripple the Philippines economically.
In the later years of the 18th century, Governor-General José Basco introduced economic reforms that gave the colony its first significant internal source income from the production of tobacco and other agricultural exports. In this later period, agriculture was finally opened to the European population, which before was reserved only for ...
2 ημέρες πριν · Philippines - Colonialism, Revolution, Independence: By the late 18th century, political and economic changes in Europe were finally beginning to affect Spain and, thus, the Philippines. Important as a stimulus to trade was the gradual elimination of the monopoly enjoyed by the galleon to Acapulco.
