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When the Philippines gained independence from the United States on July 4, 1946, Roxas became the first president of the new republic. On March 14, 1947, a military bases agreement between the Philippines and the US entered into force, granting the right to retain the use of certain military bases for a period of 99 years, with some ...
The period from 1986 following the EDSA Revolution of 1986 to the present time saw the Philippine economy get back on track. Reforms aided the country towards robust growth, and crucial policies were conceptualized, developed, and enacted by the presidents and the advisers who supported them.
The American economy grew dramatically in the post-war period, expanding at a rate of 3.5% per year between 1945 and 1970. During this period of prosperity, many incomes doubled in a generation, described by economist Frank Levy as "upward mobility on a rocket ship."
The Philippine Constabulary was placed on active service with the Philippine Commonwealth Army and re-established from October 28, 1944, to June 30, 1946, during the Allied liberation and the post–World War II era. Fighting continued in remote corners of the Philippines until Japan's surrender in August 1945, which was signed on September 2 ...
The American economy has always been cyclical, going from boom to bust and back again. However, 2020 saw an entire economic cycle in a matter of months. The economy was in a solid expansion at the...
The 1946 Windsor-Tecumseh, Ontario tornado on the Detroit River kills 17. Laurence Olivier 's Henry V opens in the United States nearly 2 years after its release in the UK. It is the first Shakespeare film in color, and critics hail it as the finest film of a Shakespeare play ever made.
On July 4, 1946, the United States recognized the independence of the Republic of the Philippines as a separate self-governing nation. [41] On October 16, 1947, the United Kingdom transferred the administration of the Mangsee Islands and the seven Philippine Turtle Islands to the Philippines. Before that the islands were under Philippine ...
The history of the Philippines from 1898 to 1946 is known as the American colonial period, and began with the outbreak of the Spanish–American War in April 1898, when the Philippines was still a colony of the Spanish East Indies, and concluded when the United States formally recognized the independence of the Republic of the Philippines on ...