Permanent historical factsheet

Nationalization

Cuba · Government / Communist Party Government. Chronological records rendered directly from the World History Database.

8Records
1959–2008Date range
2Named people
2Places

Chronological records

1959

Fidel Alejandro CastroFebruary 1959

Government / Communist Party Government

US refineries in Cuba refuse to process Cuban oil, they are expropriated, & the US breaks off diplomatic relations with the Castro Government

Fidel Alejandro Castro17 May 1959

Government / Communist Party Government

Castro signs the First Agrarian Reform Law, which expropriates over 1,000 acres of farmlands & forbids foreign land ownership

Fidel Alejandro Castro1959

Government / Communist Party Government

Eisenhower reduces Cuba's sugar import quota by 7,000,000 tons, & in response, Cuba nationalizes $850 million worth of US property & businesses.

Fidel Alejandro Castro1959

Government / Communist Party Government

The nationalization of private property and businesses to the tune of $25 billion and, particularly, US owned companies (to an excess of 1960 value of US $1.0 billions arouses immediate hostility within the Eisenhower administration.

Fidel Alejandro Castro1959

Government / Communist Party Government

US refineries in Cuba refuse to process Cuban oil, they are expropriated, & the US breaks off diplomatic relations with the Castro Government.

Fidel Alejandro Castro1959

Miami · Government / Communist Party Government

Over one million Cubans migrate to the US, forming a vocal anti-Castro community in Miami, Florida

1960

Fidel Alejandro Castro1960

Havana · Government / Communist Party Government

Nationalizes the property of wealthy Cubans, Americans & other foreigners

2008

Raul Modesto Castro2 April 2008

Government / Communist Party Government

Cubans snapped up DVD players, motorbikes and pressure cookers for the first time as Raul Castro's new Government loosens controls on consumer goods and invites private farmers to plant tobacco, coffee and other crops on unused state land

Names involved

Fidel Alejandro CastroRaul Modesto Castro

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.