M1 FINAL Flashcards
The first president of the First Philippine Republic who established key government departments for economic development.
Emilio Aguinaldo
The major war that disrupted economic growth during Aguinaldo’s presidency.
Philippine-American War
The first president of the Commonwealth of the Philippines who promoted economic independence and industrialization.
Manuel L. Quezon
What law established a minimum wage and an eight-hour workday under Quezon’s administration?
Social Justice and Labor Reforms
Name three government departments established by Aguinaldo to support economic development.
- Department of Navy
- Department of Commerce
- Department of Agriculture and Manufacturing
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.
20 million pesos
Give at least 2 significant investment for infrastructure during Manuel L. Quezon’s administration
- road
- bridge
- public market