COMMONWEALTH PERIOD Flashcards
Marked the beginning of the country’s transformation to a politically independent nation
Birth of several government corporations
COMMONWEALTH PERIOD
Responsible for economic development and planning
National Economic and Development Authority
-Mandated to provide electricity to all rural areas of the Philippines by 2025 (“missionary electrification”)
-Manage water resources for power generation
-Optimize the use of other power generating assets
National Power Corporation
Promoting the accelerated growth and
development of the fiber industry in the Philippines
Philippine Fiber Industry Development Authority
The goal of the Commonwealth period is for the Philippines to achieve –
Foreign trade policies are still controlled by the Americans
economic self-reliance.