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Argentina has seventh highest per capita income in the world
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Hipolito Yrigoyen of the Radical party is elected president and introduces a minimum wage to counter the effects of inflation
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Armed forces coup ousts President Yrigoyen amid sharp economic downturn caused by Great Depression. Civilian rule is restored in 1932, but economic decline continues
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Juan Peron wins presidential election on a promise of higher wages and social security
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A new constitution strengthens the power of the president. Opponents are imprisoned, independent newspapers are suppressed
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Violent military uprisings drive President Peron to resign and go into exile
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The Peronist party wins elections in March, Peron becomes president in September
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