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Most of the
seized land, including over 2 1/4 million acres owned by U.S. investors,
were made into large state-owned farms. The lost of sugar mills, banks,
hotels, utility companies, etc. totaled about $2 billion. By then, it became
clear that Castro was leading Cuba toward communism instead of his promise
toward democracy...
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By then, it became
clear that Castro was leading Cuba toward communism instead of his promise
toward democracy. This conclusion was further bolstered when the USSR signed
their first trade agreement with Cuba in February of 1960. Finally, in
January of 1961, only two years after the fall of Batista, the United States
severed diplomatic relations with Cuba and imposed an unilateral trade
embargo against the island country...
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