Question

Was Governor General Jose Basco correct in his own decision when he instituted reforms intended to free the economy from dependence from Chinese and Mexican?

Answer 1

ANSWER-

Filipino farmers and traders finally had a taste of prosperity when Governor General Jose Basco y Vargas instituted reforms intended to free the economy from its dependence on Chinese and Mexican trade. Basco implemented a “general economic plan” aimed at making the Philippines self sufficient...

PLS MARK ME BRAINLIST ✌️.

Answer 2

Yes, Governor General Jose Basco was right in his decision.

• The economic reforms put in place by Governor General Jose Basco y Vargas to wean the Philippines' economy off its reliance on Chinese and Mexican trade gave farmers and traders in the country their first taste of success.
• Basco designed a "wide economic strategy" with the goal of achieving economic independence for the Philippines.
• He founded the "Economic Society of Friends of the Country," which offered incentives to farmers for growing sugarcane, cotton, and spices; encouraged miners to extract gold, silver, tin, and copper; and paid investors for making scientific discoveries.
• The economic reforms put in place by Governor General Jose Basco y Vargas to wean the Philippines' economy off its reliance on Chinese and Mexican trade gave farmers and traders in the country their first taste of success. Basco designed a "wide economic strategy" with the goal of achieving economic independence for the Philippines.
• He founded the "Economic Society of Friends of the Country," which offered incentives to farmers for growing sugarcane, cotton, and spices; encouraged miners to extract gold, silver, tin, and copper; and paid investors for making scientific discoveries.

Hence, Governor General Jose Basco was correct in his own decision when he instituted reforms intended to free the economy from dependence from Chinese and Mexican because it provided incentive to farmers.

#SPJ2