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Since establishment as an unincorporated territory of the United States in 1898, traditional economics, social structure, nationalism, and culture in Puerto Rico has been affected by Puerto Rico's relationship with the U.S. [10] Before the United States captured Puerto Rico from Spain in 1898, the colony was agriculture based.
The three parties stand for different political status. The PPD, for example, seeks to maintain the island's status with the U.S. as a commonwealth, while the PNP seeks to make Puerto Rico a U.S. state. Meanwhile, the PIP seeks to make Puerto Rico a sovereign nation free from U.S. authority. In terms of party strength, the PPD and PNP usually ...
According to Puerto Rican farmer Carlos Pacheo, land used for agricultural areas allowing new uses, including industry, can negatively affect the growth of local agriculture in Puerto Rico and thus impact food security, which is a growing problem for Puerto Rico as the island has been relying on expensive importation of food. [28]
In 2017, Puerto Rico filed for the biggest U.S. municipal bankruptcy in history. The debt was accrued through decades of corruption, mismanagement and excessive borrowing, with Puerto Rico’s Electric Power Authority still struggling to restructure its more than $9 billion debt, the largest of any government agency.
Puerto Rico has not become a state because of a combination of decisions taken — or not taken — by the mainland and the island. On the mainland, the U.S. government in 1898 did not feel much ...
The United States acquired the islands of Puerto Rico in 1898 after the Spanish–American War, and the archipelago has been under U.S. sovereignty since.In 1950, Congress enacted the Puerto Rico Federal Relations Act of 1950 or legislation (P.L. 81-600), authorizing Puerto Rico to hold a constitutional convention and, in 1952, the people of Puerto Rico ratified a constitution establishing a ...
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