Marami ang hindi nakakaalam ang MARTIAL LAW daw ay Batas Militar lang daw? Ang martial law ay para maisaayos ang kaayusan at kapayapan sa ating bansa at masmapabuti pa at mapaunlad pa ang bansang Pilipinas... Martial Law is Legal nasa Batas po yan... DAP is illegal wala po yan sa batas... Economic Changes Under Marcos (MARTIAL LAW) To hasten the economic development President Ferdinand E. Marcos implemented a number of economic program. These programs helped the country to enjoy the period of economic growth in the mid - 1970s up to the early 1980s. The farmers were given technical and financial aid other incentives such us Price Support. With the incentives given to the farmers, the countrys agricultural sector grew. As a result, the philippines became self-sufficient in Rice in 1976 and even became a Rice exporter. To help finance a number of economic development project such as soil exploration, the establishment of geothermal power plants, the bataan nuclear plant, hydro-electric dams, the construction of more road, bridges, irrigation systems and other expensive infrastructure projects, the goverment engaged in foreign borrowings. Foreign capital was invited to invest in certain industrial project. They were offered incentives including tax exemtion privileges and the privilege of bringing out their profits in foreign currencies. One of the most important economic programs in the 1980s was the Kilusang Kabuhayan at Kaunlaran (KKK). This program was started in september 1981. Its aim was to promote the economic development of the barangays by encouraging the barangay resident to engage in their own livelihood projects. The goverments efforts resulted in the increase of the nations economic growth rate to an average of six percent to seven percent from 1970 to 1980. The rate was only less than 5percent in the previous decade. The gross national product of the country (GNP) rose from P55 billion in 1972 to P193 billion in 1980. Another major contributor to the economic growth of the country was the tourism industry. The number of tourists visiting the philippine rose to one million by 1980 from less than 200,000 in previous year. The country earned at $500 million a year from tourism. A big portion of the tourist group was composed of filipino balikbayan under the ministry of tourisms balikbayan program which was launched in 1973. Another major source of economic growth of the country was the remittances of Overseas Filipino Workers (OFW). thousand of filipino workers found employment in the middle east and in singapore and hongkong. These overseas filipino workers not only helped ease the countrys unemployment problem but also earned much - needed foreign exchange for the philippines. BBM 2016.. MARCOS FOREVER!!!
Posted on: Wed, 21 Jan 2015 11:01:11 +0000
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