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Operation Bootstrap (aug 1, 1947 – aug 1, 1963)

Description:

To industrialize Puerto Rico and stimulate economic growth, the Puerto Rican government, with support from the United States, implements Operation Bootstrap. This program attracts mainland U.S. businesses with tax incentives and cheap labor, leading to significant urban development and increased employment opportunities. While these measures offer a means for some families to get out of poverty, Puerto Rico’s industrialization also cements the reign of American corporations over the Puerto Rican population and causes massive displacement and migration to the United States.

Added to timeline:

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Date:

aug 1, 1947
aug 1, 1963
~ 16 years