Operation Bootstrap

Operation Bootstrap refers to an economic development initiative launched in Puerto Rico during the 1940s. The goal was to transform the island's economy from agriculture-based to industrialized manufacturing. By attracting foreign investment and establishing factories, the program aimed to create jobs and stimulate growth. Through tax incentives and infrastructure improvements, Puerto Rico sought to boost its economy, reduce unemployment, and increase living standards. While it achieved significant industrial growth, it also faced challenges such as reliance on external investment and economic disparities. Over time, Puerto Rico’s economy underwent major changes, shaped by both successes and persistent issues.