PHIL. ECON HISTORY

Spanish officials used the ______ to earn income;

It is a ticket to have a space in the galleon.

• TICKET

• BOLETA

• BOLETAYNE

• MONEY

is a piece of land given to the loyal servants of

the King of Spain.

• SUGAR

• FRIENDS OF THE PHILIPPINES

• MONEY

• ENCOMIENDA

First steam machine in hulling rice

by_________

• Emilio Aguinaldo

• Manuel Quezon

• Eulogio de Otaduy

• Nicholas Loney

Governor ___________ established this with

the goal of developing the agricultural sector of the country

and helping the country to be free form Mexico’s help

• Joselito Vargas

• Jose Basco y Vargas

• Josue Vargas

• Josie Vargas

is a market structure where there is only one

individual or company, controlling the market.

• economy

• free market

• free trade

• Monopoly

is concerned with the exchange of goods

and services without trade barriers like tariffs quotas.

• free market

• free trade

• encomienda

• nafta

the tax levied on imported goods

• revenue

• tax

• tariff

• quota

is the limitation on the quantity of exported

and imported goods.

• tariff

• revenue

• quota

• taxation

It was the first trade act which opened our ports to the

United States in 1909.

• ASEAN

• PAYNE-ALDRICH ACT OF 1909

• UNDERWOOD SIMMONS ACT OF 1913

• NAFTA

This law established the Commonwealth

government in the Philippines to

prepare is for independence.

• DEMOCRATIC LAW

• ASEAN TRADE LAW

• UNDERWOODS ACT LAW

• TYDINGS MCDUFFIE LAW 1934