Enter Title

Economic Problems of the Philippines After World War 2

1

The US Congress adopted the ____________, which decreed the USD (US Dollars) 620 million government assistance to the Philippines;

Philippine Rehabilitation Act

2

The Roxas administration immediately accepted the offer of the US and immediately approved the _________ , better known as Bell Trade Act.

Philippine Trade Act

3

Because of the _______, The US enjoyed the free flow of their goods that they brought into the country, while they strictly Imposed quota restrictions on commodities, such as rice, sugar, tobacco, and coconut, that were exported by the Philippines.

 Bell Trade Act

4

___________ were to be considered illegal because, as specified by the Philippine Constitution, 60 percent of some distinct businesses in the country should be owned by Filipinos and not by foreigners.

Parity rights

5

_______________ sets the permission for the 23 US bases to stay in different parts of the Philippines.  Some of these prominent US bases in the country were the Clark Air Base in Pampanga;  the Subic Naval Base in Olongapo, Zambales; and Camp John Hay in Baguio.

The Military Bases agreement

Roxas Administration

1

The poor state of the economy ravaged by war. The country’s infrastructures, industries, and farms were all damaged during _________.

World War II

2

___________ because of the issue of collaboration with the enemy, which saw the Filipinos especially the leaders separated into two groups.

Division among Filipinos

3

To resolve the country’s economic problems, President Roxas facilitated the _______ of the country to power up houses and industries.

electrification

4

Also during his term, President Roxas focused on the expansion of production geared toward industrial and ________ development.

agricultural

5

National security threatened by the actions of the _________, and association of farmers in Central Luzon that later became a notorious group of guerillas against the Roxas administration during the Japanese occupation.

HukBaLaHaps or Huk

Roxas Administration Programs and Policies

1

The RFC or _______________ assists individuals and private companies in rebuilding their lives and businesses after the war

Rehabilitation Finance Corporation

2

____________ or NARIC is the organization that focuses on the production of rice and corn in the country.

National Rice and Corn Corporation (NARIC)

3

Because of the abundance of coconut trees in our country, the _________ or NACOCO focused on the potential export opportunity of our country by utilizing the coconut industries.

National Coconut Corporation (NACOCO)

4

These organization known as NTC focused on the development of the tobacco industries to help boost our economy.

National Tobacco Corporation (NTC)

5

The implementation of the _________ which gave the freedom to establish business in the Philippines

Philippine Trade Act of 1946