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What country dominated the economies of latin America after independence?
The United States.
Which of the following statements about foreign companies in Latin America was true?
Foreign companies often controlled the economies of Latin American countries
Why did Portugal gain control over most of Latin America?
It didn't; Spain DID gain control of most of Latin America.
What statement is true A The Roosevelt Corollary led to US intervention in the economies of Latin America B The Roosevelt Corollary led to U S involvement in European economics C The Roosevelt?
the Roosevelt corollary led to U.S. intervention in the economies of Latin America.
What canal in Latin America did America control?
Panama canal
Why are Latin America India Africa and Asia emerging?
Because those regions and countries are mostly agricultural economies, but have an ongoing process of industrialization. Most of them still have much work to do, such as reduction of poverty, increase literacy rate, improve rights for women and develop their economies towards a free-market model.
How did spanish and portuguese policies prevent their latin American colonies from developing their own economies?
Mercantilist policies made Latin America economically dependent on Spain and Portugal
Why people began to develop an interest in communism in Latin America?
Due to poor condition in Latin America, communism started to seem a lot more appealing.
Which has better economies North America or Latin America?
North America (i.e. the United States) does. The US is the most advanced economy in the world, while most countries in Latin America are still considered emerging markets; one or two generations away from becoming developed. The most advanced economies in continental Latin America include Chile (GDP per capita of $19,100), Argentina ($19,100) and Uruguay ($16,600), which are still behind "troubled" developed nations such as Portugal ($22,900) and Greece ($23,600).
A long-lasting and rewarding source of prosperity for latin America came from?
A long-lasting and rewarding source of prosperity for Latin America came from natural resources. Precious metals, sugar, rubber, grains, coffee, copper, and oil are some of the resources that have boosted Latin American economies.
How effective was Spain in gaining control of Latin America?
Very. Most of Latin America became a colony of Spain for more than 300 years.
Why was latin America late to industrialize?
Spain and Portugal controlled all trade in their colonies. The colonies were not allowed to trade among themselves or with other nations. They were kept dependent on the mother country. In addition, any effort to develop industry in the colonies was crushed. Latin America had to sell all its raw materials to Spain and Portugal. It had to buy all it's finished products from them, too. This kind of control kept industry from developing in Latin America. Eventually people of Latin America rose up against their foreign rulers.
