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The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
A triangular trade is hypothesized to have taken place among ancient East Greece (and possibly Attica), Kommos, and Egypt. [40] A trade pattern which evolved before the American Revolutionary War among Great Britain, the Colonies of British North America, and British colonies in the Caribbean.
Trade with Ming China via Manila served as a major source of revenue for the Spanish Empire and as a fundamental source of income for Spanish colonists in the Philippine Islands. Galleons used for the trade between East and West were crafted by Filipino artisans. [27] Until 1593, two or more ships would set sail annually from each port. [28]
The extensive use of gold during early Philippine history is well-documented, both in the archeological record and in the various written accounts from precolonial and early Spanish colonial times. [1] Gold was used throughout the Philippine archipelago in various decorative and ceremonial items, as clothing, and also as currency. [2]
The history of the Philippines from 1565 to 1898 is known as the Spanish colonial period, during which the Philippine Islands were ruled as the Captaincy General of the Philippines within the Spanish East Indies, initially under the Viceroyalty of New Spain, based in Mexico City, until the independence of the Mexican Empire from Spain in 1821.
Sources of precolonial history include archeological findings; records from contact with the Song dynasty, the Brunei Sultanate, Korea, Japan, and Muslim traders; the genealogical records of Muslim rulers; accounts written by Spanish chroniclers in the 16th and 17th centuries; and cultural patterns that at the time had not yet been replaced ...
This is a timeline of the history of international trade which chronicles notable events that have affected the trade between various countries.. In the era before the rise of the nation state, the term 'international' trade cannot be literally applied, but simply means trade over long distances; the sort of movement in goods which would represent international trade in the modern world.
[7] Primary sources for the history of Rajah Kalamayin's Namayan, further upriver, include artifacts dug up from archaeological digs (the earliest of which was Robert Fox’s [15] work for the National Museum in 1977) and Spanish colonial records (most notably those compiled by the 19th century Franciscan Historian Fray Felix Huerta).