The Impact Of Industrialization On The Economy Of Puerto Rico

Introduction During the first centuries of Spanish rule in Puerto Rico, agricultural operations had had directed by estates, cultivating sugarcane and other fruits. They were not large-scale operations, but they produced enough for local consumption. In the nineteenth century, larger farms emerged. These farms produced enough for local consumption and to export. Later, coffee, and sugarcane became the main export products to markets in Europe.

Puerto Rico has economic and political relations with the United States since the completion of the Spanish-American War in 1898. The economy of the island, which at that point it was largely agrarian, did not achieve such significant economic progress as those achieved after World War II. From that moment, the economy of Puerto Rico has undergone a process of industrialization and long and deep modernization.

During the XVI-XVIII
These include manufacturers of pharmaceutical products, computer and medical, scientific and electronic measuring instruments. And electronic equipment used in the trade, such as: cartridge for printer Hewlett Packard inkjet and plates Intel mother are also produced on the island. Manufacturing is the sector of major economic importance in terms of gross national product.
2 Fortune magazine publishes a list of the 100 largest U.S. companies. Of them, 57 benefit workforces trained and dedicated in Puerto Rico. From the list of the 500 largest companies in the same journal contained 167 in Puerto Rico. Puerto Rico has had considerable growth in pharmaceuticals and high-tech sector for the competitive advantages of the manufacturing on the island. At present, more than 40 pharmaceutical companies they operate in Puerto Rico. The pharmaceutical community of Puerto Rico is the largest us, surpassing those of New Jersey, Pennsylvania, Maryland and