It was governed as British Guiana, with mostly a plantation-style economy until the 1950s.It gained independence in 1966, and officially became a republic within the Commonwealth of Nations in 1970.
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The name "Guyana" is derived from Guiana, the original name for the region that formerly included Guyana (British Guiana), Suriname (Dutch Guiana), French Guiana, and parts of Colombia, Venezuela and Brazil.
According to the Oxford English Dictionary, Guyana is derived from an Indigenous Amerindian language and means "land of many waters".