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    Economic Progress Under America

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    Jerico Canomay
    Under American rule, the Philippines experienced significant economic progress and development. The population tripled, agriculture production increased substantially, new industries like tobacco and sugar were established, and infrastructure like railroads and ports were built. However, some problems also emerged like selling raw materials cheaply and importing expensive manufactured goods, and foreign control of new companies. Overall, the Filipinos enjoyed a better life economically under America compared to under Spanish rule.

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    Economic Progress Under America

    Uploaded by

    Jerico Canomay
    77 views19 pages
    Under American rule, the Philippines experienced significant economic progress and development. The population tripled, agriculture production increased substantially, new industries like tobacco and sugar were established, and infrastructure like railroads and ports were built. However, some problems also emerged like selling raw materials cheaply and importing expensive manufactured goods, and foreign control of new companies. Overall, the Filipinos enjoyed a better life economically under America compared to under Spanish rule.

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    economic progress

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    Chapter19

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    Under American rule, the Philippines experienced significant economic progress and development. The population tripled, agriculture production increased substantially, new industries like tobacco and sugar were established, and infrastructure like railroads and ports were built. However, some problems also emerged like selling raw materials cheaply and importing expensive manufactured goods, and foreign control of new companies. Overall, the Filipinos enjoyed a better life economically under America compared to under Spanish rule.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
    77 views19 pages

    Economic Progress Under America

    Uploaded by

    Jerico Canomay
    Under American rule, the Philippines experienced significant economic progress and development. The population tripled, agriculture production increased substantially, new industries like tobacco and sugar were established, and infrastructure like railroads and ports were built. However, some problems also emerged like selling raw materials cheaply and importing expensive manufactured goods, and foreign control of new companies. Overall, the Filipinos enjoyed a better life economically under America compared to under Spanish rule.

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    © All Rights Reserved
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    Download as pptx, pdf, or txt
    of 19

    Chapter 19

    Economic Progress
    Under America
    • The Filipinos enjoyed a better life under
    America than as a colony of Spain.
    • Less than 50 years during the American
    Era, the Filipinos earned more money,
    worked in better jobs and lived in better
    houses. More industries were developed,
    roads, bridges, schools and other public
    work boomed. However, some problems
    with our economic life also started
    during this era.
    AMERICAN ECONOMIC
    POLICY
    • The Philippines Bill of 1902 declared that
    all public land and natural resources of the
    Philippines were for " the benefit of
    inhabitants". This pro-Filipino policy was
    also repeated in the Jones Law of 1916 and
    Tydings-Duffie Law of 1934. William H. Taft,
    the first American Governor-General, said
    that the Philippines was for the Filipinos.
    NEW PROSPERITY

    Under the practical leadership of America,


    the Filipinos enjoy a better life. The New
    Prosperity of the Philippines as a colony of
    America was shown in the following ways.
    • Population Explosion
    • New Land Policy
    • Agricultural Increase
    • Free Trade with America
    • Business Boom
    • New industries
    • Improvement in Transportation and
    Communication
    • Better Government Budget
    • New Banks
    • Participation in International Exhibitions
    POPULATION EXPLOSION
    The population tripled from 1898 to
    1939.

    YEAR POPULATION
    1898 6,000,000

    1903 7.635,426

    1918 10,314,310

    1939 16,000,303
    NEW LAND POLICY
    The American improved land policy in
    the Philippines in three ways.
    • Firstly, friar land were resold to Filipino
    Farmers. In those days, the spanish religious
    order had the biggest share of land.
    • The Taft Colonial Administration bought
    these frian land and resold them to the
    Filipino farmers.
    • Secondly, the Homestead Act in 1924 allowed
    any Filipino to own up 24 hectares of public
    land. This broke up the large haciendas and
    gave more land to more people.
    • Thirdly, all land had to be registered and
    their owner got Torren titles. This is the
    certificate to own the land. All land owner in
    AGRICULTURAL INCREASE
    • In 1902 the Bureau of Agriculture
    become the first government agency in
    the new American colony.
    • In 1903 the American Congress sent a $3
    million emergency fund to import rice
    and carabao from other Asian countries.
    Modern farm tools from the United
    States were introduced. The American
    experts came to teach hoe to produce
    more crops, fight farm pests and market
    their products.
    TYPE GROWTH
    Total area of farms 3X
    Farm animals 3X
    Abaca and tobacco 3X
    Corn 4X
    Rice 5X
    Forest logs 6X
    Sugar 6X
    Copra 9X
    FREE TRADE WITH AMERICA
    Filipino products entered the United States
    without paying customs tariffs. There was a
    limited or "quota" to the amount of tax-free
    Filipino products. The American products
    could also enter the Philippines without
    paying customs tariffs but they were not
    limited by quotas. The American could
    bring any goods here tax-free.
    BUSINESS BOOM
    Retail trade inside the Philippines also
    doubled from 1907 to 1935. Filipinos had
    more money to buy food, shoes, clothes,
    radios, toys, bicycles and even cars.
    However, the Filipinos liked to buy more
    imported goods.
    NEW INDUSTRIES
    • The Industrial Age
    – The use of machines and the mass
    production of goods in big factories. They
    bought this modern system to our country.
    – Manila: coconut oil, cigars and cigarettes,
    sugar, ropes and textiles.
    – Marikina: shoes
    – Ilocos: blankets and towels
    – Bulacan, Laguan, Tayabas, Bohol, and
    Pangasinan: hats and mats
    – Pampanga, Rizal and Bulacan: rattan and
    wood furnitures
    – Albay, Rizal and Laguna: pottery and bricks
    IMPROVEMENT IN TRANSPORTATION
    AND COMMUNICATION

    • The Philippines became an Asian leader in


    transportations and communications.
    • The use of automobile, electric street car,
    airplane, telephone, wireless telegraph, radio
    and movies for the first time.
    • Developed our railroads in Luzon, Cebu and
    Panay.
    • More ports for shipping were opened up
    • Pier 7 in Manila became the largest port in Asia.
    BETTER BUDGET

    • The Philippine colonial budget under


    Americans had one of the best budgets of
    the world. The Philippine budget was
    balanced even during the Great World
    Depression in the 1930s.
    • In 1930s, other government including US
    had huge deficits and problems but the
    Philippines colonial budget had a surplus.
    NEW BANKS

    • New banks opened during American era.


    • In 1906, the postal savings was
    introduced and the Philippine National
    Bank was established.
    INTERNATIONAL
    EXHIBITIONS AND MEETINGS
    • The Philippines was projected into the world’s
    limelight because of it’s participation in
    international exhibitions, conferences and
    meetings.
    • The Philippine Army Band become world-famous
    at the golden gate exposition held at San
    Francisco, California in 1939. Filipino
    professionals attended international academic
    and professional conferences. Filipino athletes
    were also be able to join the Olympic Games.
    ECONOMIC PROBLEMS
    • The economic problems which started
    during the American era were:
    1. We sold our raw materials cheap and
    brought expensive manufactured
    goods from America.
    2. Colonial mentality became worse.
    3. Labour and peasant unrest spread in
    1920’s and 1930’s. The world
    depression hit the poor masses
    worst at all.
    4. American capitalist and businessmen
    controlled the new companies.

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