Economic turmoil of the nicaraguan revolution

Overview[ edit ] Portugal had been run by an authoritarian dictatorship the Estado Novoor "New State"which was considered by many to be fascistfor over four decades. It started as a professional class [5] protest of Portuguese Armed Forces captains against a decree law:

Economic turmoil of the nicaraguan revolution

Its name means Rich Coast but it was one of the poorest regions of the Spanish Empire in the Americas. Now it is a relative prosperous Latin American country which does not have a standing army.

Cultural Name

It was also an undeveloped country Economic turmoil of the nicaraguan revolution attempted to create a European-style welfare state. Geographically Costa Rica consists of a central valley, called the Meseta Central bordered by mountain ranges and those bordered by coastal plains.

The mountain ranges are part of the cordillera which spans the Americas from Alaska to Tierra del Fuego. Shortly before European contact the Caribbean area was invaded by the Caribs from the north coast of South America.

The Caribs were a warrior people who conquered the tribes they found in the area. The Caribs captured the territory in the coastal plain of what is now Costa Rica on the Caribbean side.

In their marauding the Caribs acquired gold which they made into pendants. In his last voyage Columbus came to Costa Rica. The year was when his ships sought refuge there from a storm.

Economic turmoil of the nicaraguan revolution

When the Europeans saw the gold pendants of the natives wore they thought the area must have sources of gold so they called it the rich coast, not knowing that the gold which the natives had came from elsewhere.

The Nicuesa expedition found only difficult terrain occupied by many hostile tribes.

Nicaraguan Revolution - Wikipedia

Costa Rica was not an easily conquered centrally-administered empire like that of the Aztecs and the Inca. Instead it was an anarchic patchwork of tribes and each piece had to be separately conquered.

Nicuesa was not able to establish any permanent settlement. It was not until that even a temporary Spanish settlement in the territory was established.

Political and Economic History of Costa Rica

This was by Fernando de Cordova. However the same territorial dispute with the Spanish administrator in Panama led Cordova to abandon the settlement. The Columbus family in obtained the right to explore and develop a large section of what is now Costa Rica. Another expedition in under Hernan Sanchez de Badajoz created a temporary settlement but again territorial disputes, this time with the Spanish administrator in Nicaragua, and hostile natives ended the settlement.

It was not untilafter six failed attempts over almost sixty years, that a permanent settlement was established in Costa Rica. Coronado in entered the highlands of the Meseta Central and established Cartago.

It was only the central valley highlands that had the potential for sustaining a permanent settlement. But in Costa Rica was made part of the Kingdom of Guatemala. At that time what is now the state of Guancaste of Costa Rica was included in the territory of Nicaragua.

Latest International Headlines Its name means Rich Coast but it was one of the poorest regions of the Spanish Empire in the Americas.

Some elements of the administration of Costa Rica at that time were handled by administrative authorities in Nicaragua. The native population was too sparse to support plantation agriculture so those who came came to do their own farming.

This fact determined the character of Costa Rica and made it different from other Spanish colonies. In the early days about the only farming that was feasible in the Meseta Central central table-land was subsistence farming. The journey to either coast was over mountains and through difficult lowlands.

There were no connecting roads to Nicaragua. By the population in Costa Rica, which is about the size of West Virginia, was only 20, Of these about 2, were originally from Spain. There were about 20, natives in the area as well at the time. Generally all of the Costa Ricans were poor, but there were social class distinctions based upon ancestry.

Some were hidalgos gentlemen and the others were plebeyos plebians, commoners. The hidalgos had certain social privileges not enjoyed by the plebeyos, but fundamentally Costa Rican farmers were all about the same.

Despite their being poor the Costa Rican farmers were the target of various marauding groups.

Economic turmoil of the nicaraguan revolution

The Costa Ricans tried to defend against these raids but ultimately had to pay a bribe to the chief of the Miskitos to curb their depredations.three blue stripes alternating with two white stripes.

The third symbol of national pride and independence is the flag of the 26th July Movement, which contains the . Apr 26,  · MASAYA, Nicaragua — The revolutionary, many Nicaraguans say, is suddenly facing a revolution of his own.

The insurrection that led to the rise of President Daniel Ortega and his Cold War. The Nicaraguan Revolution (Spanish: Revolución Nicaragüense or Revolución Popular Sandinista) encompassed the rising opposition to the Somoza dictatorship in the s and s, the campaign led by the Sandinista National Liberation Front (FSLN) to violently oust the dictatorship in –79, the subsequent efforts of the FSLN to govern Nicaragua from until and the Contra War.

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Early History

See world news photos and videos at attheheels.com Early History. Historically Costa Rica has always been somewhat of an oddity. Its name means Rich Coast but it was one of the poorest regions of the Spanish Empire in the Americas.

Now it is a relative prosperous Latin American country which does not have a standing army.

Nicaraguan Revolution - Wikipedia