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The Spanish objectives focused Philippine society toward the spread of Christianity, colonization in the name of Spain, and acquiring key positions in the spice trade from Asia. Spanish settlers later realized that the P.I. did not have precious spices or gold minerals. Profits from the colonies were going to come from agricultural resources only. Agricultural resources such as corn and rice were mainly cultivated for profits although the colony depleted funds faster than they could generate funds.
Spanish rule declined slowly beginning at 1762 due to British forces capturing Manila in the seven years war...
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