Economic changes in the Philippines during the American period?

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2026-03-05 07:40

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During the American period in the Philippines (1898-1946), the economy underwent significant transformations. The introduction of American-style education and infrastructure development, including roads and ports, facilitated trade and agricultural modernization. The colonial government promoted cash crops, such as sugar and hemp, which integrated the Philippines into the global economy. However, these changes also led to increased dependence on the United States and economic disparities among local communities.

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