Diosdado

Diosdado

8th Grade

10 Qs

quiz-placeholder

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Diosdado

Diosdado

Assessment

Quiz

History

8th Grade

Practice Problem

Medium

Created by

Jan Pernia

Used 1+ times

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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did President García declare in a major speech in 1960 regarding the control of the economy by aliens?

It makes a mockery of independence and robs it of substance and meaning.

It is necessary for aliens to have a dominant participation in the national economy.

Foreign capital should be completely banned from the Philippines.

The economy should be controlled by the U.S. government.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of foreign exchange allocations did Filipinos secure by the end of 1959?

75%

100%

25%

51%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which company challenged the dominance of U.S. and other foreign oil companies in the industrial sector?

Iligan Integrated Steel Mill, Inc.

Filipino Oil Refining Company

Manila Electric Company

Filipino Steel Corporation

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who won the 1961 elections by a substantial margin against President García?

Claro M. Recto

Emmanuel Pelaez

Diosdado Macapagal

José Yulo

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of President Macapagal's first acts after winning the 1961 elections?

Implementing stricter foreign exchange controls

Increasing government credit to local industries

Implementing decontrol of foreign-exchange allocations

Nationalizing all foreign-owned companies

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did the devaluation of the peso during Macapagal's tenure result in?

Increase in foreign investment attractiveness

Increase in the value of the peso

Increase in local industry profits

Decrease in foreign investments

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What law did President Macapagal enact in 1963 to address land reform?

Foreign Investment Regulation Law

Industrial Development Act

Labor Rights Protection Act

Agricultural Land Reform Code

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