Here are some of the major events that occurred during the declaration of martial law by

Ferdinand Marcos:

1. Marcos declared martial law in September 1972. He claimed that this was the last
defense against the rising disorder caused by increasingly violent student
demonstrations, alleged threats of communist insurgency by the new Communist Party
of the Philippines (CPP), and the Muslim separatist movement of the Moro National
Liberation Front (MNLF).
2. Marcos cited specific events to justify his decision to declare martial law, such as the
Communist insurgency and the ambush of his Minister of Defense, Juan Ponce Enrile,
outside the Wack-Wack subdivision.
3. The proclamation of martial law in September 1972 had significant repercussions for
the 1971 Constitutional Convention. Marcos arrested the leadership of the “opposition
bloc” of the convention, who wanted to ensure that Marcos would not stay in power
longer than the two terms allowed under the 1935 constitution.
4. Ferdinand Marcos signed Proclamation No. 1081 on September 21, with its formal
declaration on September 23 at exactly 7:15 pm. This led to one of the darkest chapters
in Philippine history.

Ferdinand Marcos Sr.’s economic legacy is a complex and controversial one. Here are
some key points:

1. Supporters of Marcos often refer to his administration as a “golden age” for the
Philippine economy. They point out the growth during the martial law years: From 1972
to 1981, the country grew at an average rate of 5.71%.
2. During his rule, there were significant reforms in government organization, in the
provision of public infrastructure, and in social and economic development.
3. Marcos was the Philippine president from 1966 to 1986, exceeding twenty years.
After serving as a two-term president of the Philippines from 1966-1972, he declared
martial law under the constitution to assume dictatorial powers.

However, it’s important to note that his economic policies have been criticized for
concentrating wealth in the hands of a small elite and for increasing the country's
foreign debt. His rule was also marked by significant corruption and human rights
abuses.