What were the economic effects of Spanish colonization in the Philippines?
What were the economic effects of Spanish colonization in the Philippines?
4. Economy The Spaniards implemented economic programs which are mainly about land ownership and taxes. The programs are encomienda, hacienda, imposition of different kinds of taxes, galleon trade, monopoly and polo y servicios.
Was there an economic development in the Philippines during the Spanish period?
The growth of commercial agriculture resulted in the appearance of a new class. Alongside the landholdings of the church and the rice estates of the pre-Spanish nobility there arose haciendas of coffee, hemp, and sugar, often the property of enterprising Chinese-Filipino mestizos.
How did the Philippines benefit from the Spanish colonization?
Some of the positive effects were: universities were opened early. In 1820 only the Philippines have improved in civilization, wealth, and Populousness. The establish of schools, many schools were built. They taught them how to read, write, and speak in English.
What are the major impacts of Spanish colonization in the Philippines?
The Impacts of Spanish Rule in the Philippines. An important impact of Spanish rule in the Philippines is the creation of a mestizo culture with entrenched landed interests and a highly skewed land distribution.
How does colonialism affect economy?
The effect of colonialism on trade is assessed by Mitchener and Weidenmier (2008: 1). They argue that “empires increased trade by lowering transactions costs and by establishing trade policies that promoted trade within empires.
How would you describe the Philippine economy before the Spanish occupation?
The merchants traded for goods such as gold, rice, pots and other products. The barter system was implemented at that time and the pre-colonial people enjoyed a life filled with imported goods which reflected their fashion and lifestyle.
How the economy of Philippines grows before the Spaniards up to present?
What was Philippines economic focus during the colonial period?
At the turn of the century, the Philippines was already actively engaged in the export of of sugar, tobacco, coconuts, abaca, and other agricultural products. The initial integration of the Philippine market into the US market made the country become a vibrant supplier of these products as well to the American market.
What are the effects of the Spanish colonization?
The effects of colonization on the native populations in the New World were mistreatment of the natives, harsh labor for them, and new ideas about religion for the spaniards. One negative effect of colonization was the colonizers mistreating the natives.
What are the positive effect of Spanish colonization?
Positive effects Spain’s purposes to colonize Mexico and the other colonies were getting new land, resources, and to spread Christianity. As they conquered Mexico, they got new land. Spain plundered lots of resources from their colonies, opened up trade and get profits and spread Christianity.
What were the changes brought by the Spanish colonization?
Spanish conquest eventually wrought fundamental changes in the lives of the native population. The Spaniards introduced new customs and a new religion. They brought over new practices and institutions from their earlier colonial experiences in Latin America.
