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The goal was to increase economic co-operation between North and South America, and to help countries south of the Rio Grande to "modernize" their economies and political structures, which is to say to help them become liberal, free-market democracies. The tools to be used were aid and trade. basically it was set up to help latin america. The goals of the Alliance for Progress were breathtakingly vast and naive in their scope. Kennedy announced that over a ten year period, he wanted to help Latin American Republics achieve 2.5% annual growth, eliminate adult illiteracy, democratize their governments, and carry out sweeping "land reform", a euphemism for massive social engineering which would involve the transfer of land from large landowners to the population at large, a process that took centuries in Western European countries. The planners behind the Alliance rightly recognized it was "revolutionary" in scope, and this was intentional because it was supposed to provide an alternative blueprint to the future for countries that might be tempted to turn to the Soviet Union and socialism. It was not a coincidence that the Alliance was announced so shortly after the Cuban Revolution had installed Fidel Castro in Havana. In 1961, President John F. Kennedy started the Alliance for Progress with the purpose of establishing economic cooperation between America and Latin America. The agreement led to increased economic assistance to Latin America.

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