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The economic depression of the Special Period was at its most severe in the early to mid-1990s. Things improved towards the end of the decade once Hugo Chávez's Venezuela emerged as Cuba's primary trading partner and diplomatic ally, and especially after the year 2000 once Cuba–Russia relations improved under the presidency of Vladimir Putin.
The Great Depression in Latin America heavily affected the region in the 1930s after the Great Depression had spread globally since the stock market crash of 1929 on Wall Street. [1] The Great Depression saw change in Latin America's governments, their economic policies and the nations' economic performance. It is initiated by the economic ...
The economy of Cuba is a planned economy dominated by state-run enterprises. In the 1990s, the ruling Communist Party of Cuba encouraged the formation of worker co-operatives and self-employment. In the late 2010s, private property and free-market rights along with foreign direct investment were granted by the 2018 Cuban constitution.
Cuba's agricultural economy centered primarily on the sugar industry, serving as the cornerstone of the nation's exports. U.S. influence, particularly from companies like the United Fruit Company , was pervasive, with significant investments in large-scale sugar plantations and the production and export of sugar and tropical fruits to the ...
Taíno genocide Viceroyalty of New Spain (1535–1821) Siege of Havana (1762) Captaincy General of Cuba (1607–1898) Lopez Expedition (1850–1851) Ten Years' War (1868–1878) Little War (1879–1880) Cuban War of Independence (1895–1898) Treaty of Paris (1898) US Military Government (1898–1902) Platt Amendment (1901) Republic of Cuba (1902–1959) Cuban Pacification (1906–1909) Negro ...
The idea for a film based on the Cuban recovery first arose in August 2003 when Morgan traveled to Cuba as part of the Global Exchange program. Amazed by stories of survival during The Special Period, she learned that the Cuban economic crisis was survived with a fundamental shift in the country's economic policies, rather than with new energy sources.
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The most meaningful impact on Cuba that World War 1 had was on its sugar trade as much of the world's European supply was cut off with demand exploding along with profits from the industry. [53] Cuba later ended up signing the Treaty of Versailles. Cuba was a member of the League of Nations and later on its successor, the United Nations (UN).