M1 FINAL Flashcards

1
Q

The first president of the First Philippine Republic who established key government departments for economic development.

A

Emilio Aguinaldo

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2
Q

The major war that disrupted economic growth during Aguinaldo’s presidency.

A

Philippine-American War

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3
Q

The first president of the Commonwealth of the Philippines who promoted economic independence and industrialization.

A

Manuel L. Quezon

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4
Q

What law established a minimum wage and an eight-hour workday under Quezon’s administration?

A

Social Justice and Labor Reforms

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5
Q

Name three government departments established by Aguinaldo to support economic development.

A
  1. Department of Navy
  2. Department of Commerce
  3. Department of Agriculture and Manufacturing
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6
Q

To finance government operations and stabilize the economy, Malolos Congress authorized a national loan of _______ repayable over 40 years with a 6% annual interest rate.

A

20 million pesos

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7
Q

Give at least 2 significant investment for infrastructure during Manuel L. Quezon’s administration

A
  1. road
  2. bridge
  3. public market
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