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STS - Group 28 (MWF 10:30 – 11:30 a.

m)
Group 9 Members:
Caballero, Laure Frances Caye D.
Honor, Contessa Urzula P.
Laurente, Dinna Nicole Laurente
Tabuco, Melbeth Scheme T.
Zafra, Syndy U.

ARTICLE: WHY THE PHILIPPINES DID NOT BECOME A NEWLY INDUSTRIALIZED


COUNTRY?

Objective Questions
1. The Marcos Regime had a well-established Authoritarian state.
2. The ill-timing of the Philippines’ ISI had maintained the country’s unfavorable location
within the international and regional division of labor.
3. The strong practice of cronyism and nepotism was the leading causes as to why the
Philippines had a vulnerable economy.
4. When agricultural productivity is rising, appropriate public policies are needed to release
the potential of agriculture in its surplus of food output, laborers, and saving capacity.
5. The Philippine agricultural system encountered evident dominance of the landlord class.
6. It is in Aquino’s regime where there is a weak character of the Authoritarian state.
7. The nature of the Philippine colonial state and class structure after the Second World
War has set the tone for the shaping of post-war economic policies which prevented its
early industrialization.
8. The Philippines was in the forefront in terms of economic development, thus, was able to
compete in the external markets.
9. The Philippine state under the Marcos regime had incurred and poorly managed huge
foreign debts.
10. The Marcos administration believed that Martial law would create a stable political
climate essential to the restructuring of Philippine industrial and trade policies.

Answer Key:
1. FALSE 6. FALSE
2. TRUE 7. TRUE
3. TRUE 8. FALSE
4. FALSE 9. TRUE
5. TRUE 10. TRUE

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