Nationalization
History of Cuba
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| | 1959 | Castro Ruz, Fidel Alejandro | |
| Eisenhower reduces Cuba's sugar import quota by 7,000,000 tons, & in response, Cuba nationalizes $850 million worth of USAproperty & businesses |
| Miami Over one million Cubans migrate to the US, forming a vocal anti-Castro community in Miami, Florida |
| Feb USArefineries in Cuba refuse to process Cuban oil, they are expropriated, & the USAbreaks off diplomatic relations with the Castro government |
| 17th May Castro signs the First Agrarian Reform Law, which expropriates over 1,000 acres of farmlands & forbids foreign land ownership |
| 1960 | Castro Ruz, Fidel Alejandro | |
| Havana Nationalizes the property of wealthy Cubans, Americans & other foreigners |
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