The document discusses the economic development of the Philippines in the 19th century. It saw the growth of an export economy centered around agricultural goods like tobacco. This increasing trade and prosperity benefited the Filipino middle and upper classes. However, it also led to tensions as land values rose and Spanish institutions like the hacienda system imposed rents and restrictions. Economic programs established by Spain, such as the tobacco monopoly and opening Manila to foreign trade, aimed to develop the Philippines' economy and trade.
The document discusses the economic development of the Philippines in the 19th century. It saw the growth of an export economy centered around agricultural goods like tobacco. This increasing trade and prosperity benefited the Filipino middle and upper classes. However, it also led to tensions as land values rose and Spanish institutions like the hacienda system imposed rents and restrictions. Economic programs established by Spain, such as the tobacco monopoly and opening Manila to foreign trade, aimed to develop the Philippines' economy and trade.
The document discusses the economic development of the Philippines in the 19th century. It saw the growth of an export economy centered around agricultural goods like tobacco. This increasing trade and prosperity benefited the Filipino middle and upper classes. However, it also led to tensions as land values rose and Spanish institutions like the hacienda system imposed rents and restrictions. Economic programs established by Spain, such as the tobacco monopoly and opening Manila to foreign trade, aimed to develop the Philippines' economy and trade.
The document discusses the economic development of the Philippines in the 19th century. It saw the growth of an export economy centered around agricultural goods like tobacco. This increasing trade and prosperity benefited the Filipino middle and upper classes. However, it also led to tensions as land values rose and Spanish institutions like the hacienda system imposed rents and restrictions. Economic programs established by Spain, such as the tobacco monopoly and opening Manila to foreign trade, aimed to develop the Philippines' economy and trade.
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ECONOMIC DEVELOPMENT
ECONOMIC DEVELOPMENT
• The economic growth which took place
in nineteenth- century Philippines, particularly after about 1830. • The growth of EXPORT ECONOMY • Increasing prosperity to the Filipino middle and upper classes. ECONOMIC DEVELOPMENT
YEAR EXPORTS IMPORTS TOTAL TRADE
(in peso) (in peso) (in peso)
1825 1,000,000 1,800,000 2,800,000
1875 18,900,000 12,200,000 31,1000,000
1895 36,600,000 25,400,000 62,000,000
ECONOMIC DEVELOPMENT
• Philippine exports in this economy
were agricultural products. • INQUILINOS of the friar haciendas. • Farming by means of share-tenants or “KASAMA”. ECONOMIC DEVELOPMENT
• The case of Rizal’s Chinese ancestor
Domingo Lam-co. when he had come to the Binan hacienda in mid-eighteen century the average holding of an inquilino was 2.9 hectares ECONOMIC DEVELOPMENT
• Rizal’s family in 1890s
after Rizal’s father had moved to the Calamba hacienda. rented over 390 hectares. HACIENDA IN C ALAMBA ECONOMIC DEVELOPMENT
• Rising prosperity had also brought friction
between inquilinos and haciendas as lands grew in value and rents were raised. • A combination of traditional methods and modernizing efficiency led to disputes. ECONOMIC INSTITUTIONS IMPOSED BY SPAIN
ENCONMIENDA SYSTEM, TAXATION, FORCED
LABOR, GALLEON TRADE. ENCOMIENDA SYSTEM
• An encomienda is a parcel of land, including
its inhabitants, assigned to loyal Spaniards who had helped in the colonization of the country. • “ENCOMENDERO” ENCOMIENDA SYSTEM
• Two types of encomiendas:
Royal encomiendas were comprised of cities, the seaports and regions rich in natural wealth and owned by the Spaniards crown. Private encomiendas were under the stewardship of private persons, charitable institutions or the Catholic Church. TAXATION
• Filipino started paying tribute in cash to
Spain during the day of Legazpi. • The rate was originally 8 reales but was raised to 10 in 1602, then increased to 12 in 1851. • One tribute was equivalent to one family consisting of father, wife and minor children. TAXATION
• With the abolition of the tribute in 1884, the
CEDULA served as an income tax. • “BANDALA”- the compulsory sale by native farmers of their farm products to the government. FORCED LABOR OR THE POLO Y SERVICIO
• This imposition required all Filipino males
from 16 to 60 years old to render service for 40 days each year. • “POLISTAS” • paid FALLA or exemption fee. THE GALLEON TRADE
• was early trade between Manila and Acapulco,
Mexico, which commenced in 1565. • Products coming from Manila were shipped to Acapulco on trade vessels called “galleons” and sold there lucrative profit. THE GALLEON TRADE ECONOMIC DEVELOPMENT PROGRAMS THE TOBACCO MONOPOLY
• Royal Decree of 1780, Charles III established the tobacco
monopoly in the Philippines upon the recommendation of Gov. Basco. • The government determined the plantation site, set a quota on the quantity to be planted and harvested by the farmers and the amount to be paid to them. • By the middle of the 19th century about, 25,000 Filipinos worked in the tobacco factories. THE ROYAL COMPANY OF THE PHILIPPINES
• The Real Compania de Filipinas was established by the
virtue of the Royal Decree of March 10,1785. • To develop and promote direct trade between Spain and the colony and to develop the natural resources of the country. • Products from the Philippines were exported to Spain tax-free. THE OPENING OF MANILA TO FOREIGN TRADE
• Opening of Manila to foreign trade in 1789.
• Governor Gen. Felix Berenguer de Marquina, Basco’s successor, encouraged foreign merchants to come and invest in the Philippines. • More Philippine ports were established and opened foreign trade. • The opening of the ports of Sual in Pangasinan, Iloilo and Zamboanga, Cebu, Legaspi and Tacloban accelerated the economic growth of the country. • In 1888, the first domestic telegraph and telephone line was opened in 1890.