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As an excellent source of raw materials. It still is, as most Latin American nations have Natural Resources such as oil, copper, cotton or livestock as their most important exports.

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12y ago

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In the 1880s how did U.S businessman see latin America?

In the 1880s, U.S. businessmen viewed Latin America as a promising market for investment and trade, driven by the region's abundant natural resources and potential for economic growth. This perspective was influenced by the broader context of American expansionism and the desire to establish stronger commercial ties, particularly through initiatives like the Monroe Doctrine, which aimed to limit European influence in the Americas. Business interests, including railroads and mining, sought to capitalize on the opportunities presented by Latin America's developing economies. Overall, the period marked an increasing focus on Latin America as a vital area for U.S. economic interests.


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