Witnessed a growth in the middle sectors of Latin American society
Imports increase faster than exports
They are complete opposites. Recession means growth rate is up, employment is down, and inflation is in the making. Prosperity, is the result of economic growth. Wealth is strong, a sort of reconstruction of the government's finale.
Increased saving
An imbalance between imports and exports occurs. It could mean a country is unable to cover the cost of importing, until money coming in through exporting comes in.
Many Americans purchased goods on credit.
yes
Latin America experienced economic growth, improved infrastructure, and increased investment in industries such as agriculture and mining. This led to a reduction in poverty levels and an expansion of the middle class in many countries in the region. However, this growth also led to environmental challenges and social inequalities that needed to be addressed.
The result of President Taft's dollar diplomacy was that American investments in Latin America increased.
Americans consumed about 30 percent of British exports
General prosperity.
American investments in Latin America increased.
The result of President Taft's dollar diplomacy was that American investments in Latin America increased.
General prosperity.
All of the above factors increased as a direct result of the increase in commerce. As trade expanded, wealth accumulation increased among merchants and traders, leading to investments in education, improved leisure opportunities, and overall societal prosperity.
As a result of the new prosperity in Latin America, a burgeoning middle class emerged. This segment consisted of professionals, entrepreneurs, and skilled workers who benefited from economic growth, increased access to education, and expanded job opportunities. The rise of this middle class contributed to greater social mobility and demand for goods and services, shaping consumer culture in the region. Additionally, it played a crucial role in advocating for political and social reforms.
the size of America increased drastically the united states paid Mexico 15 milliion dollars
Economic prosperity