Guillermo Garcia
Encyclopedia
Guillermo Garcia was a highly influential businessman in many South American countries. Garcia controlled many of the oil and forestry markets in countries such as Brazil
and Chile
.
However, after years of prosperity his business took a downfall when North American businessmen took over many of the South American businesses. The monopolistic power of the Americans caused Garcia to go bankrupt within a few short months. Garcia went into a stage of depression and began eating unhealthily, resulting in a heart failure by the time he was 53.
Brazil
Brazil , officially the Federative Republic of Brazil , is the largest country in South America. It is the world's fifth largest country, both by geographical area and by population with over 192 million people...
and Chile
Chile
Chile ,officially the Republic of Chile , is a country in South America occupying a long, narrow coastal strip between the Andes mountains to the east and the Pacific Ocean to the west. It borders Peru to the north, Bolivia to the northeast, Argentina to the east, and the Drake Passage in the far...
.
However, after years of prosperity his business took a downfall when North American businessmen took over many of the South American businesses. The monopolistic power of the Americans caused Garcia to go bankrupt within a few short months. Garcia went into a stage of depression and began eating unhealthily, resulting in a heart failure by the time he was 53.