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What Were The Advantages of The Manila Galleon Trade To The Philippines?

The document discusses the Manila Galleon Trade between the Philippines and Mexico during the Spanish colonial period. It notes both the advantages and disadvantages of the trade. The advantages included Manila becoming a major world port and economic hub, while the disadvantages were the unfair treatment of Filipino sailors and overreliance on the galleons that caused economic issues when ships were lost. The document suggests modern international trade serves a similar role to connecting countries as the galleon trade did historically, but that modern transportation methods like airplanes and cargo ships would be better replacements than galleons for transporting goods globally today.

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0% found this document useful (0 votes)
300 views2 pages

What Were The Advantages of The Manila Galleon Trade To The Philippines?

The document discusses the Manila Galleon Trade between the Philippines and Mexico during the Spanish colonial period. It notes both the advantages and disadvantages of the trade. The advantages included Manila becoming a major world port and economic hub, while the disadvantages were the unfair treatment of Filipino sailors and overreliance on the galleons that caused economic issues when ships were lost. The document suggests modern international trade serves a similar role to connecting countries as the galleon trade did historically, but that modern transportation methods like airplanes and cargo ships would be better replacements than galleons for transporting goods globally today.

Uploaded by

Aurora
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Miranda, Aurora Francisca Y.

The Contemporary World

BFVC1A

● What were the advantages of the Manila Galleon Trade to the Philippines?

During the galleon trade’s peak, Manila became one of the world’s great ports

which served as a focus for trade between China and Europe. It established Manila as the

first primate city in Southeast Asia by the early 17 th century and served as a link between

the Philippines and America which ultimately opened the Philippines to the world.

● What were the disadvantages of the Manila Galleon Trade to the Philippines?

Filipinos are what made up around 50 to 80% of the galleons’ crew but were paid

much less than sailors who were Spanish. Aside from unfair treatment, Spaniards in the

country depended on the galleon so much that when a ship sinks or becomes captured by

pirates, it caused negative effects on the Philippines’ economic development. The

country’s own agriculture and industry were neglected and high profits from the trade

drew officials in the country toward Manila only, depriving provinces of their services.

● Do you think that a system like the Galleon Trade would work nowadays? Why or

why not?

With different countries opening their doors to globalization, I think that a system

like the old galleon trade is already ongoing by means of international trade and free

market. With that, I can say that to an extent, it would work since it does not divide but

creates ties that unify us and that aim to improve development in countries and raise

standards of living for people.


● How would you change or alter the Galleon Trade to make it applicable to today’s

modern era?

Ever since the improvement of technology, different methods of transportation have been

created that has made people’s lives much easier. Airplanes and cargo ships are some of the

modes of transportation for trade that I would replace galleons with. They are more efficient

in terms of travel time and navigation and are ultimately safer.

REFERENCES

Tiu, M. (2013). Galleon Trade History. Retrieved November 17, 2019 from

https://www.scribd.com/document/183224513/Galleon-Trade-History

Encyclopedia Britannica. (n.d.). Manila Galleon. Retrieved November 17, 2019 from

https://www.britannica.com/technology/Manila-galleon

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