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On November 19, 1970, the Central Council of the PPD issued what became known as the Pronunciamiento de Aguas Buenas (lit. "Aguas Buenas Pronnouncement") which stated its support for a "complete self-government, founded in the free association with the United States and which permits and supports the country's cultural personality and the sustained development of its social and material progress."
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 ...
The economy of Puerto Rico is classified as a high-income economy by the World Bank and as the most competitive economy in Latin America by the World Economic Forum. [14] [15] The main drivers of Puerto Rico's economy are manufacturing, which primarily includes pharmaceuticals, textiles, petrochemicals, and electronics; followed by the service industry, notably finance, insurance, real estate ...
After the Spanish–American War, Spain ceded Puerto Rico to the United States under the conditions established by the Treaty of Paris of 1898. Chinese workers in the United States were allowed to travel to Puerto Rico. Some worked in the island's sugar industry, but most worked in re-building Puerto Rico's infrastructure and rail systems. Many ...
Other Puerto Ricans of Corsican descent who have led notable political careers were Ernesto Ramos Antonini, who was the first President of the House of Representatives of Puerto Rico and co-founder of the Partido Popular Democrático de Puerto Rico (Popular Democratic Party of Puerto Rico), [36] Jaime Fuster Berlingeri, an associate justice of ...
The Puerto Rico Industrial Development Company (PRIDCO) —Spanish: Compañía de Fomento Industrial de Puerto Rico (or simply Fomento)— is a government-owned corporation of Puerto Rico authorized and empowered to induce private capital into Puerto Rico in order to establish trade, cooperatives, and industrial operations in Puerto Rico. [1]
Clemente, a Puerto Rico native, died in a plane crash in December 1972 while en route to Nicaragua to deliver disaster relief to victims of an earthquake. [ 28 ] September 14 – A bipartisan group of Congressmen led by Darren Soto (D-FL) introduce a bill to recognize the results of the November 3 referendum on statehood.
In 2012, there were 13,159 farms in Puerto Rico. [9] While not a state, Puerto Rico is a member of the Southern United States Trade Association, a non-profit organization that assists the agriculture industry in developing its exports. [10] In early 2020, farm owners in Ponce reported on the continuing challenge of finding laborers. [11]