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Long before 1834, foreign traders had been able to live and do business in Manila. As early as 1787, a Frenchman named Sebir conducted a profitable business in Manila. Tomas de Comyn, a Spanish writer, in his book published in Madrid in 1820, mentioned an unnamed English merchant who left the Philippines in 1798 after living in Manila for 20 years during which he became rich.

In 1821 George W. Hubbell, an American businessman, and his younger brother Henry, arrived in Manila, engaged in business, and founded the Hubbell Company, the first American commercial firm in the country.

The elder Hubbell became the first American consul in Manila; he died in the city in 1831.

In 1862 Robert Wise, of Liverpool, England, arrived in Manila, and founded the Wise company, the first British commercial firm in the city, whi

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The opening of the Philippines to world trade led to increased economic activity, infrastructure development, and exposure to new ideas and cultures. However, it also exposed the Filipinos to exploitation by foreign powers and unequal trade relationships, leading to social and political unrest.

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Q: How did the opening of the Philippines to world trade influence the Filipinos?
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Are the Filipinos civilized before the Spaniards came to the Philippines?

Yes, the indigenous Filipinos had their own diverse cultures, societies, and systems of governance before the arrival of the Spaniards. They had established trade networks, social structures, and artistic traditions that reflect their civilization before colonial influence.


What is the contribution of hindus to the Philippines?

Hinduism's influence on the Philippines is primarily historical and cultural. Hinduism may have influenced early Filipino societies through trade, cultural exchange, and the introduction of Sanskrit-derived words. However, Hinduism is not a major religion in the Philippines today, with the majority of Filipinos practicing Christianity.


Did the early Filipinos were already civilized before the arrival of the Spaniards in the Philippines?

yes, the filipinos were already civilized before the spanish colonization. They have already a way of government, we already have laws, we already trade in other places, we have the system of writing, we already have currency (in terms of gold) and also social classes.


What are the examples of globalization in the Philippines?

Examples of globalization in the Philippines include the integration of Filipino workers in the global labor market, the influence of multinational corporations on the local economy, and the spread of Western culture through media and technology. Globalization has led to increased trade, foreign investments, and cultural exchanges in the Philippines.


What are the Liberal ideas learned due to opening of Philippines to world commerce?

The opening of the Philippines to world commerce led to the introduction of liberal ideas such as free trade, capitalism, and individualism. This resulted in a shift towards a market economy, increased foreign investment, and the spread of liberal economic policies. Additionally, it fostered competition, innovation, and economic growth in the country.

Related questions

What was the opening of the Philippines to international trade?

history


Are the Filipinos civilized before the Spaniards came to the Philippines?

Yes, the indigenous Filipinos had their own diverse cultures, societies, and systems of governance before the arrival of the Spaniards. They had established trade networks, social structures, and artistic traditions that reflect their civilization before colonial influence.


What is the contribution of hindus to the Philippines?

Hinduism's influence on the Philippines is primarily historical and cultural. Hinduism may have influenced early Filipino societies through trade, cultural exchange, and the introduction of Sanskrit-derived words. However, Hinduism is not a major religion in the Philippines today, with the majority of Filipinos practicing Christianity.


What are the effects of the Philippine topography in the economic life its people?

The area of the Philippines is a major influence in the economy. It determines who they can trade with and what foods can be produced.


What are the influence of the Americans in the Philippines?

The influences of the Americans in the Philippines are quite a number. The most common include religion, trade, politics and much more. There is also the language influence by Americans.


What event helped the economy of the Philippines in 1860?

The opening of the Suez Canal in 1860 helped the economy of the Philippines by making trade with European countries easier.


What are the influence of Arabia to the Philippines?

Arabia's influence on the Philippines is primarily seen in the spread of Islam, through trade contacts and missionary activities. This influence is especially evident in the southern regions of the Philippines, where Islam is the dominant religion. Additionally, there are cultural exchanges such as cuisine, language, and architecture that show traces of Arabian influence in the Philippines.


What are the influence of Filipino to the Chinese?

Filipino culture has been influenced by Chinese cuisine, traditions, and language due to historical interactions and trade between the two countries. Chinese immigrants have also played a significant role in shaping the cultural and economic landscape of the Philippines.


Spanish colonial policies in the Philippines?

From 1521 to 1898 the Philippines was a Spanish colony, under Spanish policy the nation was answerable for religious institutions; they wanted the Filipinos to become Roman Catholic. They also wanted the Philippines to become a trade port; this was a boost for the economy.


Are Filipinos polynesian?

No. Filipinos these days have a mixed variety of races bred into them. Anthropological studies have found that the original Filipinos were Negritos, which is the name given to several ethnic groups that inhabit isolated parts of south-east Asia. Throughout history there was a large migration of Austronesian people, also from south-east Asia as well as Oceania. The Austronesian people reproduced with the Negritos, which began a whole new race of Austronesian Negritos (or Austro-Negritos). Gradually over time other Asian migrants, mostly Chinese, mixed with the Filipino inhabitants, again changing their genetics, creating the early-Filipinos. Nowadays the majority of Filipinos also carry Spanish, American and Japanese blood. So, Filipinos are mostly of Asian descent. Though their genetic make-up is extremely diverse, some Filipinos look different from others, depending on which reproduction route their ancestors took.


What was the policy of Spain toward the colonial Philippines?

The Philippines was the only colony Spain had in Asia. Spain was hoping to use the Philippines to get in on the spice trade business. It was also part of Spain's policy to convert Filipinos to Christianity and then to spread Christianity to other countries in Asia such as Japan and China.


How did the opening of the Philippines to world commerce and trade affect the country and its people?

this development paved the way for the emergence of the Filipino sense of nationhood.