Economic Stages of

Man
Historical perspective of
the Phil. economy

Economic Stages

Hunting and fishing stage

Pastoral Stage
Agricultural Stage
Handicraft Stage
Industrial Stage

Modern Age or Computer Age

HISTORICAL PERSPECTIVE
OF THE PHIL. ECONOMY

Pre Spanish Period

Barangay- the most sta

economic and political u
of the society

Spanish Period
Encomienda System
Galleon Trade
Tobacco Monopoly

American Period

Land Ownership
Free Trade
Agricultural Development
Industrial Progress

Phil. President and their

Economic Policies

Manuel Roxas
A period of rehabilitation of our
country
Enactment of Bell Trade and War
Damage Act

Elpidio Quirino
He emphasized the import
substitution policy
He created the ACCFA
He underscored the control on
importation

Ramon Magsaysay
Man of Masses
He improved the lives of the people in the
barrios
He implement the Land Reform Act of 1955
He established the NARRA ( National
Resettlement and Rehabilitation Act)
He also established FACOMA ( Farmers
Cooperative Marketing Association)

Carlos P. Garcia
He implements the Filipino First
Policy
He supported the Retail
Nationalization Trade Act
He revived the Filipino culture

Diosdado Macapagal
He lifted the control on foreign
currencies
He administered Decontrol, allowing
the foreign products to enter freely in
our country
He signed the Agricultural Land Reform
Code
He established the Land Bank of the
Phils.

Ferdinand E. Marcos
He continued the decontrol policy
He implemented the KKK ( Kilusang
Kabuhayan at Kaunlaran)
He declared Martial Law
Land Reforms were introduced under
Presidential Decree 2 and 27
Farmers were given technical aid and
other incentives

Corazon C. Aquino
She implemented the CARP
( Comprehensive Agrarian Reform
Program)
She initiated the moral recovery
She approved the VAT (Value Added Tax)
Privatization the selling of government
corporations to private sectors was the
centrepiece of her reform.

Fidel V. Ramos
He implemented the Medium Term Philippine
Development Plan (Phils.2000)
He continued to attract foreign investors to
enter the country.
He implemented various tax reforms
He implements E-VAT (Expanded Value Added
Tax)
During his administration our country joined the
GATT ( General Agreement on Tariffs and Trade)
Phils. Is considered of having a Tiger Economy
during his administration.

Joseph Estrada
The Estrada administration upheld the foreign
policy thrusts of the Ramos administration
focusing on national security, economic
diplomacy, assistance to nationals, and
image-building.
The Philippines continued to be at the
forefront of the regional and multilateral
arena.
He was known for his battle Erap para sa
Mahirap

Gloria M. Arroyo
She emphasized the transparency on her
government.
She launched the program pagkain sa
bawat mesa
She tried to stabilize the peso dollar
exchange rate
Restored political stability and build new
politics
She also cited the Agriculture department
for generating one million jobs

Benigno S. Aquino III

No wang - wang policy

He formulated the Truth Commission
He had signed various executive orders
First to launched a presidential website
Education Reform
PAGASA re-orientation
Hourly broadcast of original Filipino
musical composition on radio

A. T : Historical Perspective of the Phil. Economy

L. T : to differentiate the economic policies of the
Phil. Presidents.
A. Differentiate and Compare 3 Presidents who
administered our country and
State their economic policies. The comparison and
differentiation must be in a
Form of a Venn Diagram

 B. Given a chance to be the president

or leader of our country, what will be
your first step on your 100 days
regarding your economic and
political policies?
Express your answer into bullet form
or essay type.

Find the meaning of the

following terms

Economics
Scarcity
Normative
Positve economiocs
Macroeconomics
Microeconomics
Household
Wants
Alternative use