Economic Distress
In the late 1950s, partly because of a decrease in demand in the world market for agricultural products, Uruguay began having economic problems, which included inflation, mass unemployment, and a steep drop in the standard of living for Uruguayan workers. This led to student militancy and labor unrest.
Read more about this topic: History Of Uruguay
Famous quotes containing the words economic and/or distress:
“We have heard all of our lives how, after the Civil War was over, the South went back to straighten itself out and make a living again. It was for many years a voiceless part of the government. The balance of power moved away from it—to the north and the east. The problems of the north and the east became the big problem of the country and nobody paid much attention to the economic unbalance the South had left as its only choice.”
—Lyndon Baines Johnson (1908–1973)
“Two in distress ... make sorrow less.”
—Samuel Beckett (1906–1989)