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About half of Colombia's sugar output is exported, one quarter is used for domestic consumption, and the rest is sold as an input to the industrial sector. Colombia is the seventh-largest exporter of raw sugar in the world and the fifth-largest exporter of refined sugar, with exports of US$369 million in 2006.
The economy of Colombia is the fourth largest in Latin America as measured by gross domestic product [19] and the third-largest economy in South America. [20] [21] Throughout most of the 20th century, Colombia was Latin America's 4th and 3rd largest economy when measured by nominal GDP, real GDP, GDP (PPP), and real GDP at chained PPPs. Between ...
Within Colombia, 66% of export-quality flowers are grown in the department of Cundinamarca, where the capital of Bogotá is situated. Thirty-three percent are grown in the northwestern state of ...
Antioquia (Spanish pronunciation: ⓘ) is one of the 32 departments of Colombia, located in the central northwestern part of Colombia with a narrow section that borders the Caribbean Sea. Most of its territory is mountainous with some valleys, much of which is part of the Andes mountain range. Antioquia has been part of many territorial ...
Following the War of the Thousand Days (1899–1902), Colombia experienced a coffee boom that catapulted the country into the modern period, bringing the attendant benefits of transportation, particularly railroads, communications infrastructure, and the first major attempts at manufacturing.
Free peasants did not completely disappear. Many became tenants on estates that were worked in two ways: partly directly controlled by the owner and worked by slaves, and partly leased to tenants. The production system of the latifundia went into crisis between the 1st and 2nd century as the supply of slaves dwindled due to lack of new conquests.
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By 1969, there were over 400,000 landless families in Colombia, with an annual increase of 40,000 per year since 1961. [17] [18] By 1970, latifundio (large farms of over 50 hectares), held approximately 77% of the land in Colombia. [19] In 1971, 70% of the farmland in Colombia was owned by 5.7% of the population. [20]