It depends on each region and country. Some examples are provided:
The Caribbean
South America
Most corporations with global reach have ongoing operations in Latin America. Some examples are provided:Wal-MartGeneral MotorsGeneral ElectricFord MotorAppleProcter & GambleMetlifePepsiCoWalt DisneyOracle
The business area of the company called Southern Exposure is Latin America. There are many emerging business opportunities in Latin America according to Jock O'Connell who wrote an article about this subject for a business magazine.
RestoBars are not a new concept in Latin America!RestoBars have been a fixture on the scene in Argentina and Colombia for sometime now. With more people visiting south of the equator and being South America is the culinary darling of the moment, the concept has finally made it north. More than a restaurant that simply has a bar, a RestoBar attends to all components of a good dining experience. A place where people can enjoy life, food, drink and possibly even a show!Next concept out of Latin America will be the "BolicheArgentina!"
steel and iron industry
The three types are Primary industry, Secondary Industry and Tertiary Industry.
Tourism is a growth industry throughout Latin America. It is specially important in Mexico and the Caribbean.
Manufacturing goods.
True.
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There are many of them; some examples include:TourismManufacturingEnergy
United Fruit Company
Latin America
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.
It is inaccurate to call Latin America a third world country as it is not a country, but a region. Some Latin American countries are very modern and up-to-date, while others are lacking in modern amenities and industry.
Natural resources (mining, agroindustry and oil) qualify as such.
Mexico qualifies as such. It is the 11th and 4th largest exporter of textiles and clothing in the world, respectively.
They do live in America,but not in ''Latin America.''