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Independence day
Ecuador gains independence from Spain on May 24th, 1822. Though is still apart of Gran Colombia. -
Full Indepence
Ecuador gains full independence from Gran Colombia. -
Rio Protocol
Ecuador gives up 200,000 sq km of disputed land to Peru under the Rio Protocol. -
Banana Trade
Growth in the Banana trade brings prosperity to Ecuador -
New Constitution
New Constitution is put into place in Ecuador. -
Presidential Election
President Jose Maria is elected for his fifth term. -
Oil Production Industry
Oil production starts and Ecuador becomes a significant oil producer. -
Return to Democracy
A even newer rendition of the constitution reverts Ecuador to democracy. -
Border War
A border war with Peru forms, but ends with an international person appointed to settle the dispute. -
Economic Decline
Declining oil prices lead to a deterioration of economy.
