Concept information
Preferred term
operation bootstrap
Definition
- Operation Bootstrap, an ambitious project to industrialize Puerto Rico during the 1950s and 1960s, was the primary economic policy of Puerto Rican Governor Luís Muñoz Marín. By 1938, realizing that Puerto Rico's rapidly growing population could not be adequately sustained through the continuation of an agrarian-based economic system, Muñoz Marín argued that industrialization was the panacea for Puerto Rico's economic woes. [Source: Encyclopedia of U.S.-Latin American Relations; Operation Bootstrap (Puerto Rico)]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/operation_bootstrap
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