Latin America has worked towards economic development through increasing productivity by better usage of machines. Also through durable consumer goods and foreign investments.
Mercantilist policies made Latin America economically dependent on Spain and Portugal
They depend on selling to other countries and their exports
The export of raw materials (oil, copper, fruits).
Developed The U.S, Canada, Singapore, Japan, most European Countries Developing Many countries in Aisa, Africa, and Latin America
Latin America, Argentina,Bloliva,nicaragua,and peru...! This is the correct answer to this question. mexico india
Mercantilist policies made Latin America economically dependent on Spain and Portugal
brazilia
Latin america
Developing capitalism.
They depend on selling to other countries and their exports
The export of raw materials (oil, copper, fruits).
Some examples of developed countries in Latin America include Chile, Argentina, and Uruguay. These countries have strong economies, high standards of living, advanced infrastructure, and well-established social services.
Latin America
Probably due to productivity, the more products are made, the higher the chances of supply and demand
Created the peace crop
Developing countries or Global South are terms often used to describe the poorer nations of Asia, Africa, and Latin America. These countries typically have lower income levels, limited infrastructure, and face challenges in areas such as healthcare and education.
Urbanization in developing nations in Africa, Asia, and Latin America during the 20th century led to rapid population growth in cities, strained infrastructure, increased demand for services like healthcare and education, and raised concerns about housing and poverty. While urbanization brought economic opportunities and development, it also resulted in challenges such as informal settlements, inadequate resources, and environmental degradation. Governments in these regions struggled to meet the needs of urban populations and bridge the rural-urban divide.