Why was there a protest against a multinational company in the city of Cochabamba?
Answer:
- The World Bank pressurised the government of Cochabamba to give up its control of municipal water supply.
- The government sold these rights to a multinational company.
- The company immediately increased the price of water by four times.
- Many people received monthly bills of l,000 in a country where average income was around 5,000 per month. This led to spontaneous popular protest.