Philippine Socio-Economic

Development:History
Before Pre-Colonial Period

1565
Pre-colonial Philippines was a
collection of decentralized chiefdoms
with an agrarian economy based on
farming, fishing, and trade.

1565 to Colonial Period

1895
During the colonial period, the Spanish
introduced cash crops and established a
feudal system with large plantations
called haciendas.

1946 to Post World War 2

1972
Post-World War II saw reforms aimed at
modernizing the economy and reducing
poverty, with an increase in foreign
investment and trade.

1972 to Martial Law Era

1986
The martial law era saw economic
policies aimed at promoting
industrialization and self-sufficiency but
was marred by corruption and cronyism.

1986 to Post EDSA Economy

Present
The post-EDSA economy saw a shift
towards neoliberal economic policies,
leading to economic growth but also
rising inequality and lack of inclusive
growth.

Name: Jhaiross Vladimier C. Debalucos AB12A4