History of the Chilean Economy

History of the Chilean Economy
The nation of Chile, just slightly larger than the state of Texas, achieved independence in 1818. Until 1830, the fledgling nation was in a state of chaos when Diego Portales ushered in the period of the autocratic republic. This period, from 1830-1861, was a time of firm-handed rule tempered by moderation. Conservative landowners and merchants were in control of a centralized government, and an 1833 constitution endured until 1925. The Conservatives, though challenged by a strengthening liberal movement begun in the 1840’s, managed to maintain control until 1873.
The Liberals, allied with the Radicals, assumed control from the Conservatives and the period from 1875-1885 witnessed considerable modification of the national political institutions. The church lost many privileges, including power over education, suffrage was extended, and ministers were made responsible to Congress.
During this, Chile’s early nationhood, political...