The name Philippines has got a Spanish connection. The Spanish colonized the country in 1565. The name Philippines was given to commemorate their king Philip ll.
The Filipinos are descendants of Malays who settled in the islands around 3000 BC. The Spanish established a colony and enjoyed its agrarian wealth for around three hundred years. After the Spanish – American war, the USA bought Philippines for 20 million dollars. Thus America got its ownership! This transfer of ownership happened in 1891 and almost half a century later, Philippines gained independence under the military leadership of President Marcos. Marcos was ousted later on charges of corruption.
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