Question

Why did the economy of the Philippines fall into disarray after having such strong growth in the 60s and 70s?

A. Ferdinand Marcos led the country down a risky investment path and it failed miserably.
B. Ferdinand Marcos embezzled money from the Treasury and oversaw much corruption.
C. A series of natural disasters made the country unable to recover economically for many years.
D. Major American corporations pushed out small businesses.

Answer 1

The economy of the Philippines fell into disarray after experiencing strong growth in the 1960s and 1970s due to the B. corrupt and authoritarian rule of President Ferdinand Marcos. Marcos and his wife embezzled billions of dollars of public funds, leading to widespread corruption and social unrest.

Step-by-step explanation:

The economy of the Philippines fell into disarray after experiencing strong growth in the 1960s and 1970s due to the corrupt and authoritarian rule of President Ferdinand Marcos. During his time in power, Marcos and his wife Imelda embezzled billions of dollars of public funds, leading to widespread corruption.

This corruption, along with Marcos' dictatorial actions, sparked social unrest and opposition to his leadership. The country faced economic and political instability, Islamic insurgencies, attempted coups, and high national debt. While the country has since achieved a modest level of stability, the legacy of Marcos' regime and corruption continues to impact the Philippines' economy.

Answer 2

The correct answer is probably C.