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.
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