History of the Philippines (1965–1986)
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The history of the Philippines, from 1965 to 1986, covers the presidency and dictatorship of Ferdinand Marcos. The Marcos era includes the final years of the Third Republic (1965–1972), the Philippines under martial law (1972–1981), and the majority of the Fourth Republic (1981–1986). By the end of the Marcos dictatorial era, the country was experiencing a debt crisis, extreme poverty, and severe underemployment.