Reforms

ACRONYM/Spell Out ERA/PERIOD/YEAR OBJECTIVES

NARIC National Rice COMMONWEALTH Established the price of
and Corn Corporation PERIOD, 1936 rice and corn thereby help
the poor tenants as well as
consumers.
LADASECO Land Elpidio Quirino Replaced the National
Settlement Development Administration, 1950 Land Settlement
Corporation Administration with Land
Settlement Development
Corporation
(LASEDECO) which
takes over the
responsibilities of the
Agricultural Machinery
Equipment Corporation
and the Rice and Corn
Production
Administration.
LTA Land Tenure Ramon Magsaysay , 1955 Created the Land Tenure
Administration (LTA) Administration (LTA)
which was responsible for
the acquisition and
distribution of large
tenanted rice and corn
lands over 200 hectares
for individuals and 600
hectares for corporations.