hey uh what's up guys we are here in downtown iloilo city and behind me is the
philippine economic museum we're gonna go and check it out what we can find inside, let's go
with its rich history the museum of philippine economic history is the first when it comes to the
country's economic history the structure where the museum is located is a heritage landmark of iloilo
the structure was formerly owned by one of the country's biggest trading firms during the 18th
century the Ynchausti y Compañia of the ynchausti family the ynchausti's name is connected with
its products like yco floorwax, and yco paints later on the elizalde family acquired the firm
in the 1920s and renamed it Elizalde y Compañia by 1936. the building was later bought by the
commission on order then it was renovated by the government into a museum the museum exhibits
artifacts images tools documents and other items that depict the rich economic history and culture
of iloilo as well as the philippines flourishing industries like agriculture fishing and textile
aside from those the museum also boasts hundreds decades old artifacts and items
such as the old san miguel beer bottles from the Ynchausti clan and the molino de sangre
which was a very important tool during the peak of the western visayas region's sugar industry
they also showcases artifacts from different regions such as the tinalak from mindanao
and decades old gold necklaces and other accessories from pampanga, old photographs
and maps and other interesting remnants of the past the national historical committee
of the philippines manages the museum and that admission is free
it's pretty empty but a lot of information about the
trades and industry of the philippines during the colonial years up to the present
okay guys i hope you enjoyed the history economics of the philippines
and the different things that shape the country until next time bye
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