Relying on one crop or resource is a problem for anycountry. When the crop fails or the market for the crop or resource declines, the country has nothing else to fall back on for support. The only solution to this problem is the diversify the agriculture or general economy of the country involved.
World Systems Theory
Many South American nations ended up with unlimited government after in dependence because the luv to suck balls
Among Central American nations, those would be:GuatemalaEl SalvadorHondurasNicaraguaCosta RicaPanama
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The West Indies were a source of great economic fortune for European nations. Sugar and the slave tradeÊwere two of the greatest economic interests in the area.
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
economic dependance on other nations
Overdependence on foreign nations and a dramatic increase in population.
Market for northern industry and southern agriculture
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To create a customs union for nations in the Americas aimed at improving economic relations.
The Baltic nations commonly share the resource of amber, a fossilized tree resin often used for jewelry and ornamental purposes. These countries, including Estonia, Latvia, and Lithuania, have significant deposits of amber along their coastlines due to geological history. Amber has been a valuable resource and cultural symbol in the region for centuries.
They especially stressed their economic potential for American businessmen seeking trade with China and other Asian nations.
The Marshall Plan was presented in a meeting to the United Nations and Europe. The Marshall Plan provided assistance and loans to the desperate European nations.
ending all british trade and investment in america
ending all british trade and investment in america
Economic differences between social classes