Many factors have contributed to poverty in Latin America, including historical colonization, unequal distribution of wealth, political instability, corruption, lack of access to quality education and healthcare, and dependence on volatile commodity markets. These factors have perpetuated a cycle of poverty that has been difficult to break.
Developing countries.
Wealth in Latin America is generally concentrated in the hands of a small percentage of the population, leading to high levels of income inequality in many countries in the region. This concentration of wealth can contribute to social unrest, economic instability, and limited opportunities for many individuals and families. Efforts to address this issue, such as policies to promote social equity and sustainable development, are ongoing in many Latin American countries.
Developing countries or Global South are terms often used to describe the poorer nations of Asia, Africa, and Latin America. These countries typically have lower income levels, limited infrastructure, and face challenges in areas such as healthcare and education.
On the outskirts of the cities, in irregular settlements. There are different names for these according to each country. For example in Mexico these are known as ciudades perdidas(Spanish: lost cities) whereas their Brazilian counterparts are known as favelas (Portuguese: shanty towns).
Many rural migrants in Latin America are forced to live in low-income neighborhoods on the outskirts of cities, known as informal settlements or slums. These areas often lack access to basic services like clean water, sanitation, and electricity, leading to poor living conditions and health outcomes for residents.
Right now (2013) most people in Latin America belong to the poor class. However, the middle-class has grown over 50% during the last decade, and it now represents 30% of total population.
Dominican Republic is the wealthier country in caribean and central america and the nineth economy in the all latin america. 46% of the population is poor of which 10% is under the poorty line. The rest 54% are media class and richs.
poor
Due to poor condition in Latin America, communism started to seem a lot more appealing.
No
Developing countries.
Latinos can buy food, because usually the things there are very expensive since some parts of Latin America are doing very poor.
Bolivia is the most developed country is latin America
Costa Rica is one of the best places to live in Latin America. It is the only nation in Latin America that has never had its government overthrown by the military but has always changed governments by elections. It is also one of the safest places in Latin America.
The Great Depression had a major effect on Latin America. With unemployment high in the US, exports from Latin America were at historic lows.
The primary health care{PHC} is often of poor quality and delivered unevenly.
The poor often lack the basic skills that would make taking part in the economy possible. Often the poor have little education. Many cannot read. Most cannot find or get jobs.