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Sening left over 80,000 people homeless, in addition to killing 575 people (193 people were unaccounted for, and have since been declared dead, bringing the total toll to 768) and injuring nearly 1600. [4] US$74 million (1970 US$, $373 million 2005 USD) of damage was estimated.
The MDP-organized [2] protest on February 18, 1970, was dubbed the "People's Congress," [14] and involved about five thousand protesters who gathered at Plaza Miranda. [2] At some point during this gathering, a group of protesters left the Plaza Miranda venue to stage a demonstration at the U.S. Embassy, which was nearby. Chanting "Makibaka!
The protest during Ferdinand Marcos' Fifth State of the Nation Address on January 26, 1970, and its violent dispersal by police units, [1] marked a key turning point in the administration of Ferdinand Marcos, and the beginning of what would later be called the "First Quarter Storm" a period of civil unrest in the Philippines which took place during the first quarter of the year 1970.
According to World Bank data, the Philippines' gross domestic product (GDP) quadrupled from $8 billion in 1972 to $32.45 billion in 1980, for an inflation-adjusted average growth rate of 6% per year. [40] Indeed, according to the U.S.-based Heritage Foundation, the Philippines enjoyed its best economic development since 1945 between 1972 and 1980.
Before the arrival of Ferdinand Magellan, the Philippines was split into numerous barangays, small states that were linked through region-wide trade networks. [1]: 26–27 The name "barangay" is thought to come from the word balangay, which refers to boats used by the Austronesian people to reach the Philippines. [2]
People belonging to the species Homo erectus set foot on the Philippines. 250,000 Human habitation is said to be began. [2] [clarification needed] 55,000 The first Homo sapiens in the Philippines. [citation needed] 50,000 Early humans made stone tools in the Tabon Caves in Palawan. 40,000 Negritos start to settle. [2] [clarification needed] [3 ...
Thirty-five years ago, users heard the infamous dial-up sound for the first time. The '80s were a decade defined by major technological innovations, big hair, cult-classic movies and the start of ...
The external debt of the Philippines rose more than 70-fold from $360 million in 1962 to US$2.3 billion in 1970 to US$17.2 billion in 1980 to $26.2 billion in 1985, [21] leaving the Philippines one of Asia's most indebted nations. [8] At the end of 1979, the ratio of debt to GDP was about the same as South Korea. [11]