There were many uprisings against the Aquino administration
There was a widespread of poverty
Graft and corruption throughout the country
Continues to undergo the economic controls that had been in operation since 1948
PRIMARY PROBLEMS
• Low living standards of the masses
• Lack of economic stability
• Unemployment
• Devaluation of the Philippine Peso
Foreigners could now buy and control more local businesses easily because of the exchange rate. They were richer than the Philippines.
• Revocation of 350 midnight appointments
Garcia appointed 350 people into certain positions before he stepped down as president (A few hours before) Most controversial position was the central bank governor. This act was against the Saligang Batas; However, the supreme court still had the final authority/”say”.
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Answer:
There were many uprisings against the Aquino administration
There was a widespread of poverty
Graft and corruption throughout the country
Continues to undergo the economic controls that had been in operation since 1948
PRIMARY PROBLEMS
• Low living standards of the masses
• Lack of economic stability
• Unemployment
• Devaluation of the Philippine Peso
Foreigners could now buy and control more local businesses easily because of the exchange rate. They were richer than the Philippines.
• Revocation of 350 midnight appointments
Garcia appointed 350 people into certain positions before he stepped down as president (A few hours before) Most controversial position was the central bank governor. This act was against the Saligang Batas; However, the supreme court still had the final authority/”say”.