The answer is Land Reform. The law was presented by President Jacobo Árbenz Guzmán and go by the Guatemalan Congress. It redistributed unused terrains of sizes more prominent than 224 sections of land to neighborhood laborers, repaying landowners with government bonds. Land from at most 1,700 domains was redistributed to around 500,000 families—one-6th of the nation's population.[1] The objective of the enactment was to move Guatemala's economy from feudalism into private enterprise. Despite the fact that in drive for just eighteen months, the law majorly affected the Guatemalan land change development.