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=== Velasco government === | === Velasco government === | ||
In 1968, progressive [[Nationalism|nationalists]] led by [[Juan Velasco Alvarado]] overthrew [[Fernando Belaunde Terry]]. They redistributed land to the [[Peasantry|peasants]], made Quechua an official language, and nationalized monopolistic companies in the agriculture and mining industries. | In 1968, progressive [[Nationalism|nationalists]] led by [[Juan Velasco Alvarado]] overthrew [[Fernando Belaunde Terry]]. They redistributed land to the [[Peasantry|peasants]], made Quechua an official language, and nationalized monopolistic companies in the agriculture and mining industries. | ||
Velasco became seriously ill in 1975, and General [[Francisco Morales Bermúdez]] worked with the [[United States of America|U.S.]] Embassy to overthrow him. They ended land reform, privatized many businesses, and crushed [[Trade union|unions]] and popular organizations. | Velasco became seriously ill in 1975, and General [[Francisco Morales Bermúdez]] worked with the [[United States of America|U.S.]] Embassy to overthrow him. They ended land reform, privatized many businesses, and crushed [[Trade union|unions]] and popular organizations. | ||
[[Alan García]] came to power in 1985 on a progressive platform. His government tried to nationalize the oil industry and [[Bank|banks]] and reduce payment of foreign [[Debt|debts]]. He was not able to achieve many of his goals.<ref name=":02" /> | [[Alan García]] came to power in 1985 on a progressive platform. His government tried to nationalize the oil industry and [[Bank|banks]] and reduce payment of foreign [[Debt|debts]]. He was not able to achieve many of his goals.<ref name=":02" /> |