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Latin America is a region composed of many countries. As such, each individual country has a different kind of government and economy. Some examples include:

  • Mexico: Federal Republic; Export-oriented economy
  • Cuba: Communist State; tourism-oriented economy
  • Brazil: Federal Republic; resource-oriented economy
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Q: What can be said about the current economy and government of Latin America?
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What kind of government does Latin America have?

Latin America is a region and does not have a government. The individual countries that are in Latin America have democracies for the most part.


Does most of Latin America have a market economy?

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European nations practiced a mercantilistic system in latin America


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