17 juin 1952 - Decree 900

Description:

-Agrarian Reform Law

-unused land from large plantations expropriated --> redistributed (1.5 million acres to 100,000 families)

-land previously owned by elite 2%, & UFCO

-compensation: calculated from official tax value (seriously undervalued by corportations) --> companies such as UFCO complained to US government)

-accused of communism by USA, but Árbenz continued land reform