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Grade 5 economic policies under spanish rule
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Transcript of Grade 5 economic policies under spanish rule
BANDALAGALLEON TRADE
TOBACCO MONOPOLYTRIBUTES
ENCOMIENDAROYAL COMPANY OF
THE PHILIPPINESSOCIEDAD ECONOMICA
DE LOS AMIGOS DEL PAIS
POLO Y SERVICIO
BANDALA SYSTEMFilipinos were required/forced to “SELL?” their agricultural harvest to the government.
POLOForced labor,
all men aging from 16-60 years old were required to render forced labor to the government for a period of 40 days each year. This was lessen to 15 days in 1884.
POLOPolista was the one who rendered polo y servicioRequired to built streets, churches, galleon, bahay na bato.Seperation for the family
POLOPolista were
taken from their fields even during planting and harvesting season.Falla a tax must be paid if you don’t want to render polo.
TRIBUTESpayment in a
form of cash or products in recognition of Spanish authority and to shoulder the expenses of the colony.
GALLEON TRADEalso known as
the Manila-Acapulco trade.Trading between Manila and Acapulco, Mexico. A government “monopoly” owned by the Spaniards lasted for 200 years.
GALLEON TRADE
Introduction of new varieties of plants and animals.
Only Spaniards benefited on this kind of trade.
Jose Basco y Vargas implemented reforms for the development of the Philippine Economy in such he established the Sociedad Economica de los Amigos del Pais and real Compania de Filipinas and the Tabacco Monopoly.
Sociedad Economica de los Amigos del Pais(ECONOMIC SOCIETY OF THE FRIENDS OF THE COUNTRY)
An economic organization established for the advancement of agriculture in the country.
Sociedad Economica de los Amigos del Pais
(ECONOMIC SOCIETY OF THE FRIENDS OF THE COUNTRY)
•Introduce new plants to the Philippines.•Information about the proper ways of planting coffee, tabacco, sugarcane and other plants.
ROYAL COMPANY OF THE PHILIPPINES
an economic organization founded by King Charles III. Trading directly with other Asian countries without paying taxes.
TOBACCO MONOPOLY
The government designated some provinces for tobacco plantations.Another form of abuse.
What were the effects of various economic policies imposed by
the Spaniards to the farmers, youth and
women?
Do you believe that the economic prosperity enjoyed by a country
should benefit not just the upper class but also the lower
class? Why?
SYNTHESIS:
•Spanish colonialism brought a new system of land ownership, agriculture, taxation and labor.
•Spain introduced in the Philippines different economic policies. The most important of these policies was taxation to shoulder the financial needs of the colonial government.
•Explain the following in 3 – 5 sentences:1)Bandala System2) Polo y Servicio3) Tributes4) Galleon Trade5) Encomienda