Date: 1880s to the 1920s

What it was: During the time called Parliamentary Republic Congress overshadowed the President.  The chief executive was elected by the legislature.  During this time massive economic problems like inflation.  The underlying problem for agriculture was that the haciendas still owned three-quarters of the land and produced about two-thirds of all agriculture exports and the country was dependent on nitrate exports.  In addition population almost doubled.  While all these problems were being created, the government stuck to their laissez-faire policy at let the problems grow

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