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What were the three major components in the colonial economy of Latin America?
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List major components of the colonial economy of latin America?
Mining, Agriculture, and Shipping
What country in Latin America has the best economy?
Brazil
What country has the worst economy in latin America?
probably Ecuador
What is Mexicos Economy in Latin America?
It is the second largest economy after Brazil, and roughly represents 25% of the region's GDP.
What was a major characteristic of mercantilism in colonial Latin America?
colonies were a source of raw materials for Spain.
List major components of the colonial economy of latin America?
Mining, Agriculture, and Shipping
Which statement best describes the economy in Latin America during the colonial times?
European nations practiced a mercantilistic system in latin America
How was latin America's colonial society organized?
society in colonial Latin America was divided into several classes
Who had more natural resources during the colonial era North America or Latin America?
Latin America.
What country was the primary colonial power in Latin America?
The primary colonial power in Latin America was the country Spain. However, the Portuguese had power over the country of Brazil.
Which region colonial class structure included peninsulares creoles and mestizos?
Latin America
Does most of Latin America have a market economy?
yes
What country in Latin America has the best economy?
Brazil
What country has the primary colonial power of Latin America?
Spain and potugal
What country has the worst economy in latin America?
probably Ecuador
Who has the largest economy in latin america?
Brazil does (2.1 trillion)
What is the term for the native-born Spaniards or Portuguese?
Peninsulares: the ruling class in colonial Latin America consisting of native born Spaniards and PortugueseCreoles: people of Spanish or Portuguese descent born in Latin America
