Word: latifundista
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Concentration on breaking latifundista political power often obscures the fact that a country may have excellent virgin farmlands available. Ecuador spent its public funds not for expropriating land but for building 1,600 miles of roads to open up the hot coastal plains. A thousand persons still own 80% of the cool Andean valleys, but peasants on free, 124-acre coastal plots are enjoying a boom that raised agricultural income 43% in seven years...
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