answersLogoWhite

0

Latin American countries experienced economic gains and setbacks after independence, such as colonial legacy and political instability. Many Latin American army bellwethers had gained fame and power during their long struggle for independence. And they controlled the incipient nations as military dictators, caudillos. It colored cognations between the North Atlantic potencies, but additionally concerned Latin American insurgents, who sought to exploit it. The exports grew, but Latin America remained unindustrialized so it couldn't play a leading role in the world's economy.

-economy still depended on exports (amount of exports incremented)

-steamship and trains -> incremented L.A. trade

-foreign nations benefited more from incremented trade

-imported European and N.A. goods -> didn't need to industrialize

-didn't fund programs to be self sufficient

-couldn't pay back loans to countries

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

How have latin American nations tried to achieve economic independence?

Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.


Why did Latin American nations seek independence?

Latin American nations sought independence from European colonial powers due to a desire for self-governance, cultural identity, and economic independence. They were inspired by the ideas of Enlightenment thinkers and the success of other independence movements, such as the American Revolution. Economic exploitation, social inequality, and political oppression also fueled the drive for independence in Latin America.


In diplomatic and economic terms the War of 1812?

could be considered the Second War for American Independence.


What conflict did the American sellers native American and the mexician American in the Mexican session experience?

they all faced legal, economic, and social discrimination.


What was one way that American independence actually harmed the nations economic fortunes?

ending all british trade and investment in america


One way that American independence actually harmed the nations economic fortunes was by?

ending all british trade and investment in america


What actors and actresses appeared in Her Economic Independence - 1917?

The cast of Her Economic Independence - 1917 includes: Sidney Drew


What economic gains and setbacks did latin American countries experience after independen ce?

Dat boi Dewict he stinky


How did women's roles change as a result of the Industrial Revolution in Europe?

They gained increased economic independence by working in factories.


By 1819 most of Spain's Latin American colonies had what?

By 1819, most of Spain's Latin American colonies had begun their fight for independence from Spanish colonial rule. This movement towards independence was fueled by various factors including political and economic discontent, as well as inspiration from the ideals of the Enlightenment and the success of other independence movements around the world.


How does Brazil's Economic system work?

The Economic System of Brazil works by independent and or independence


What is the definition of 'autarky'?

Autarky' is a noun, and it means the state of economic independence or self sufficiency. Alternatively, it can mean a country or society that displays qualities of economic independence.