A college student (Mike) going out to take a cup a coffe wiht his friend Mr. Hans. Mike enjoys the Colombian´s coffe and Mr. Hans wants to tell him abouth the history of The Coffe Bonanza.
It´s cold, isn´t it?Would you like a cup off coffee Mr. Hans?
Ok. Mike, thanks.
No. I don´t.
How soft and delicious is the Colombian´s coffe, Mr. Hans.
So. Let me tell you the story.
Yes, that is true. Do you know about the Coffee Bonanza?
Colombia is on the north of sudamerica
Great. Colombia has two oceans and exports coffee to diferents countries.
The coffee bonanza is the time in Colombia when coffee harvests grew, as well as the price, protectionist measures were set and increased the economy of the sector. The agriculturist got facilitated to buy pulping and threshing, which sped up production and generated more employment.
Now I get your atention. So I´m going to tell you all details. Take the books and read them.
In 1927 the National Federation of Coffee Growers (FNC Federacion Nacional de Cafeteros) was created to streng then expand the industry, join its producers and establish product quality.In 1940 Colombia was booming in its economy, coffee production was enough to build roads, schools, aqueducts, rural electrification projects and railroads.
Colombia's pride as a coffee exporter spread in a culture of chapoleras or manual grain collectors, along with Juan Valdez who were the hallmark of the softest coffee in the world that was exported mostly to the USA.
In 1963 the ICO International Coffee Organization was created in London so Colombia adapted to the requirements for 29 years, at this time the country presented complex situations in this sector of the economy as the peasants demand for land ownership and more workers unions appers.
In 1989, the COFFEE COVENANT was dissolved, So Colombia never thought that it would experience the most complex economic situation known like the Coffee Crisis.