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Independence revolt
Radical Criollos of Upper Peru led one of Latin America's first independence revolts. -
Independence
Bolivia gained independence after being under the Spanish colonial rule. -
First President
Antonio José de Sucre became first president of Bolivia -
End of First Presidency
Antonia José de Sucre was forced from office by invading Peruvian army. -
Second President
Andrés de Santa Cruz y Calahumana became president of Bolivia -
War
Declared war against Chile -
New Government Type
Republican Party came to power through a coup -
The Chaco War
Bolivia and Paraguay both claimed the Chaco region - Paraguay won -
The Bolivian Revolution
Nationalist Revolutionary Movement (MNR) lead by Victor Paz Estenssoro, launched an armed takeover of La Paz. -
Economic Crisis
Chronic balance of payments, fiscal deficits, and a foreign debt around US$3 billion.