Rationing in Nicaragua direct hit. Trade and investment plummeted, unemployment soared to 25 percent, and inflation reached more than 36,000 percent by 1988. From 1980 to 1990, Nicaragua’s average real per capita income fell 35 percent, and the incidence of poverty rose to 44 percent. Rationing in Nicaragua In 1984, the FSLN announced rationing for 20 basic goods, including rice, sugar, milk, and toilet paper. At this time, the FSLN were fighting an expensive war against the Contra guerrillas who were funded by the Reagan Administration. The FSLN tried to stabilize the economy by focusing more on the production of export crops and
26th of July Movement 26th of July Movement The 26th of July Movement (; M-26-7) was a vanguard revolutionary organization then a party led by Fidel Castro that in 1959 overthrew the Fulgencio Batista dictatorship in Cuba. The Movement fought the Batista regime on both rural and urban fronts. The movement’s main objectives were distribution of land to peasants, nationalization of public services, industrialization, honest elections, and large scale education reform. The 26th of July Movement's name originated from the failed attack on the Moncada Barracks, an army facility in the city of Santiago de Cuba, on 26 July 1953. This attack was led