why did the people of Bolivia protest in 2000
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This happened so because in 2000 a foreign company purchased the water corporation on Bolivia. They raised water tax by 3 to 4 times. People's Avg. income here was around 5000 Rs. in such condition it became hectic for people to pay the taxes and therefore they protested. This popularly came to be known as Water protest. At last government of Bolivia cancelled the deal with the company and the original prices were restored.
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The people of Bolivia protest in 2000 because a foreign company purchased the water corporation on Bolivia.
Explanation:
- Bolivia is one of the countries of Latina America and is a relatively poor country.
- The people of Bolivia protested due to privatization of water.
- The world bank did force the country to give full control over water supply to the MNC.
- A foreign company went on to purchase water corporation and levied taxes by 3 to 4 times that became a burden on the masses.
- This is termed as water protest and the government was forced to call off the deal.
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