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Operation Bootstrap
Operation Bootstrap () is the name given to a series of projects which transformed the economy of Puerto Rico into an industrial and developed one. The federal government of the United States together with what is known today as the Puerto Rico Industrial Development Company set forth a series of ambitious economical projects that evolved Puerto Rico into an industrial high-income territory compared to the region. Bootstrap is still considered the economic model of Puerto Rico as the island has still not been able to evolve into a knowledge economy. History The island's traditional economy was based around sugarcane plantations; of the 516,730 jobs on the island in 1940, almost half of them were agriculture-based, with 124,076 of these based on sugar-cane farms.U.S. Bureau of the Census. ''Sixteenth census of the United States taken in the year 1940.'' Washington, D.C.: Government Printing Office, 1941-1943. However, Esteban Bird described in detail the misgivings of the suga ...
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Economy Of Puerto Rico
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. 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, and tourism. The geography of Puerto Rico and its political status are both determining factors on its economic prosperity, primarily due to its relatively small size as an island; its lack of natural resources used to produce raw materials, and, consequently, its dependence on imports; as well as its relationship with the United States federal government, which controls its foreign policies while exerting trading restrictions, particularly in its shipping industry. At the macroeconomic level, Puerto Rico has been experiencing an economic depression for consecutive years, starting in 2006 after ...
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Unemployment
Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is the proportion of people above a specified age (usually 15) not being in paid employment or self-employment but currently available for work during the reference period. Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed). Unemployment can have many sources, such as the following: * the status of the economy, which can be influenced by a recession * competition caused by globalization and international trade * new technologies and inventions * policies of the government * regulation and market * war, civil disorder, and natural disasters Unemployment and the status of the economy can be influenced by a country through, for example, fiscal policy. Furthermore, the monetary authority of a country, such as the central bank, can in ...
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Gainesville, Florida
Gainesville is the county seat of Alachua County, Florida, United States, and the most populous city in North Central Florida, with a population of 145,212 in 2022. It is the principal city of the Gainesville metropolitan area, Florida, Gainesville metropolitan area with a population of 350,903 in 2022. Gainesville is home to the University of Florida, the List of largest United States university campuses by enrollment, third-largest public university campus by enrollment in the United States as of the 2023–2024 academic year. The university is represented by the Florida Gators sports teams in National Collegiate Athletic Association, NCAA competitions. History There is archeological evidence, from about 12,000 years ago, of the presence of Paleo-Indians in the Gainesville area, although it is not known if there were any permanent settlements. A Deptford culture campsite existed in Gainesville and was estimated to have been used between 500 BCE and 100 CE. The Deptford peop ...
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Puerto Rican Pottery
Puerto Rican Pottery was one of two potteries ( Iroquois/Sterling China's Caribe Pottery was the other) that established Mid Century Modern pottery/ceramics on the island of Puerto Rico. The pottery operated from 1948–1966 in Santurce. It was a small pottery associated with and managed by master potter and ceramicist Hal Lasky (May 27, 1921 – December 11, 2010). Lasky won scholarships in the early and mid-1940s at several prestigious ceramic arts programs: Dartmouth College, University of the Arts (Philadelphia) (where he studied under Aurelius Renzetti (1897–1975)), the ceramics school at Alfred University (Alfred, New York) and the Cranbrook Academy of Art in Bloomfield Hills, Michigan. Also, he exhibited at the Ceramic Nationals at Syracuse's Everson Museum of Art in both 1947 and 1948. In December 1947, Lasky was asked by Teodoro Moscoso, architect of the Puerto Rico Industrial Development Company's Operation Bootstrap, to come to Puerto Rico to manage a small cerami ...
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Progress Island U
Progress is movement towards a perceived refined, improved, or otherwise desired state. It is central to the philosophy of progressivism, which interprets progress as the set of advancements in technology, science, and social organization efficiency – the latter being generally achieved through direct societal action, as in social enterprise or through activism, but being also attainable through natural sociocultural evolution – that progressivism holds all human societies should strive towards. The concept of progress was introduced in the early-19th-century social theories, especially social evolution as described by Auguste Comte and Herbert Spencer. It was present in the Enlightenment's philosophies of history. As a goal, social progress has been advocated by varying realms of political ideologies with different theories on how it is to be achieved. Measuring progress Specific indicators for measuring progress can range from economic data, technical innovations, chang ...
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Commonwealth Oil Refining Company
Commonwealth Oil Refining Company, Inc. (CORCO) was an oil refinery established in the towns of Peñuelas and Guayanilla in Puerto Rico in the second half of the 20th century. At one point, the company was ranked among the 500 largest in the United States by Fortune Magazine. In 1978, it supplied 80% of all petroleum products consumed in Puerto Rico and, at 2700 employees, it was Puerto Rico's largest employer. In addition, it was considered "among the largest independent petroleum refiners and petrochemical producers in the world." History The project started as part of ''Operation Bootstrap'' with the first unit being constructed in 1954. The company started operations in 1956.Carmelo Rosario Natal. ''Ponce En Su Historia Moderna: 1945-2002.'' Published by Secretaría de Cultura y Turismo of the Government of the Autonomous Municipality of Ponce. Ponce, Puerto Rico. 2003. p. 120. Hugo David Storer Tavarez was one of the men in charge of seeing that CORCO became a reality. ...
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United States Department Of Agriculture
The United States Department of Agriculture (USDA) is an executive department of the United States federal government that aims to meet the needs of commercial farming and livestock food production, promotes agricultural trade and production, works to assure food safety, protects natural resources, fosters rural communities and works to end hunger in the United States and internationally. It is headed by the secretary of agriculture, who reports directly to the president of the United States and is a member of the president's Cabinet. The current secretary is Brooke Rollins, who has served since February 13, 2025. Approximately 71% of the USDA's $213 billion budget goes towards nutrition assistance programs administered by the Food and Nutrition Service (FNS). The largest component of the FNS budget is the Supplemental Nutrition Assistance Program (formerly known as the 'Food Stamp' program), which is the cornerstone of USDA's nutrition assistance. The United Stat ...
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Vocational Education
Vocational education is education that prepares people for a skilled craft. Vocational education can also be seen as that type of education given to an individual to prepare that individual to be gainfully employed or self employed with requisite skill. Vocational education is known by a variety of names, depending on the country concerned, including career and technical education, or acronyms such as TVET (technical and vocational education and training; used by UNESCO) and TAFE (technical and further education). TVE refers to all forms and levels of education which provide knowledge and skills related to occupations in various sectors of economic and social life through formal, non-formal and informal learning methods in both school-based and work-based learning contexts. To achieve its aims and purposes, TVE focuses on the learning and mastery of specialized techniques and the scientific principles underlying those techniques, as well as general knowledge, skills and v ...
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Cold War
The Cold War was a period of global Geopolitics, geopolitical rivalry between the United States (US) and the Soviet Union (USSR) and their respective allies, the capitalist Western Bloc and communist Eastern Bloc, which lasted from 1947 until the dissolution of the Soviet Union in 1991. The term ''Cold war (term), cold war'' is used because there was no direct fighting between the two superpowers, though each supported opposing sides in regional conflicts known as proxy wars. In addition to the struggle for ideological and economic influence and an arms race in both conventional and Nuclear arms race, nuclear weapons, the Cold War was expressed through technological rivalries such as the Space Race, espionage, propaganda campaigns, Economic sanctions, embargoes, and sports diplomacy. After the end of World War II in 1945, during which the US and USSR had been allies, the USSR installed satellite state, satellite governments in its occupied territories in Eastern Europe and N ...
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Modernization Theory
Modernization theory or modernisation theory holds that as societies become more economically modernized, wealthier and more educated, their political institutions become increasingly liberal democratic and rationalist. The "classical" theories of modernization of the 1950s and 1960s, most influentially articulated by Seymour Lipset, drew on sociological analyses of Karl Marx, Emile Durkheim, Max Weber, and Talcott Parsons. Modernization theory was a dominant paradigm in the social sciences in the 1950s and 1960s, and saw a resurgence after 1991, when Francis Fukuyama wrote about the end of the Cold War as confirmation of modernization theory.Francis Fukuyama, ''The End of History and the Last Man ''. New York: The Free Press, 1992, pp. 68-69, 133-134. The theory is the subject of much debate among scholars. Critics have highlighted cases where industrialization did not prompt stable democratization, such as Japan, Germany, and the Soviet Union, as well as cases of democra ...
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Service Industry Of Puerto Rico
Service may refer to: Activities * Administrative service, a required part of the workload of university faculty * Civil service, the body of employees of a government * Community service, volunteer service for the benefit of a community or a punishment that may be imposed by a court * Fan service, a Japanese term referring to something which is specifically designed to entertain fans * Feudal service, see Feudal land tenure in England * Funeral or memorial service * Military service, serving in a country's armed forces * Public service, services carried out with the aim of providing a public good * Selfless service, a service which is performed without any expectation of result or award Arts, entertainment, and media * ''Service'' (album), a 1983 album by Yellow Magic Orchestra * ''Service'' (film), a 2008 film * ''Service'' (play), a 1932 play by British writer Dodie Smith * Service (record label), a Swedish record label * "Service" (''The Walking Dead''), a 2016 televi ...
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