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Which of the following best describes the economic relationship between Latin America and industrialized nations during the Age of Imperialism?
Which of the following best describes the economic relationship between Latin America and industrialized nations during the Age of Imperialism?
What was a major contributing factor to the fragmentation of Latin America into 20 separate nations after independence?
What was a major contributing factor to the fragmentation of Latin America into 20 separate nations after independence?
What role did the Roman Catholic Church play in Latin American society after independence?
What role did the Roman Catholic Church play in Latin American society after independence?
Which of the following is a direct effect of the new technologies on international trade in Latin America during the 1800's?
Which of the following is a direct effect of the new technologies on international trade in Latin America during the 1800's?
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What political structure did most Latin American nations establish after gaining independence?
What political structure did most Latin American nations establish after gaining independence?
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How did the social structure of Latin America change after independence?
How did the social structure of Latin America change after independence?
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Following independence, what was a significant challenge faced by many Latin American nations?
Following independence, what was a significant challenge faced by many Latin American nations?
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What was Simon Bolivar's vision for the newly independent Latin American nations?
What was Simon Bolivar's vision for the newly independent Latin American nations?
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What was a common consequence of foreign investment in Latin American countries during the 1800s?
What was a common consequence of foreign investment in Latin American countries during the 1800s?
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Which of the following is an example of an agricultural export from Latin America after 1850?
Which of the following is an example of an agricultural export from Latin America after 1850?
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What was a major limitation of economic development in Latin America despite the increase in trade and investment?
What was a major limitation of economic development in Latin America despite the increase in trade and investment?
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Which social group had the most political power in Mexico during the 1800s?
Which social group had the most political power in Mexico during the 1800s?
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What was a primary factor that led to revolts and instability in Mexico during the 1800s?
What was a primary factor that led to revolts and instability in Mexico during the 1800s?
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What was Antonio López de Santa Anna's initial political stance before becoming a dictator?
What was Antonio López de Santa Anna's initial political stance before becoming a dictator?
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Why did settlers in Texas revolt against Mexican rule in 1835?
Why did settlers in Texas revolt against Mexican rule in 1835?
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What was a common investment by foreigners in Latin America aimed at improving trade?
What was a common investment by foreigners in Latin America aimed at improving trade?
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What event triggered the war between the United States and Mexico?
What event triggered the war between the United States and Mexico?
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Which of the following best describes the primary goal of La Reforma?
Which of the following best describes the primary goal of La Reforma?
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What role did Napoleon III play in Mexico during the mid-1800s?
What role did Napoleon III play in Mexico during the mid-1800s?
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What was the eventual outcome for Maximilian, the Austrian archduke installed as emperor of Mexico?
What was the eventual outcome for Maximilian, the Austrian archduke installed as emperor of Mexico?
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How did Porfirio Díaz's rule impact the economic development of Mexico?
How did Porfirio Díaz's rule impact the economic development of Mexico?
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What was the 'peonage system' described in the text?
What was the 'peonage system' described in the text?
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How did the rule of Porfirio Díaz affect the distribution of wealth in Mexico?
How did the rule of Porfirio Díaz affect the distribution of wealth in Mexico?
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Which of the following was NOT an achievement of Benito Juárez?
Which of the following was NOT an achievement of Benito Juárez?
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What was a major challenge faced by the newly independent Latin American nations, despite guarantees of equality?
What was a major challenge faced by the newly independent Latin American nations, despite guarantees of equality?
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How did regionalism impact the development of Latin American nations after independence?
How did regionalism impact the development of Latin American nations after independence?
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What was the role of caudillos in post-independence Latin America?
What was the role of caudillos in post-independence Latin America?
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How did the ruling elite in Latin America behave?
How did the ruling elite in Latin America behave?
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What position did conservatives generally take in the new Latin American nations?
What position did conservatives generally take in the new Latin American nations?
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How did the economic policies of the colonial era affect Latin America after independence?
How did the economic policies of the colonial era affect Latin America after independence?
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What is a key characteristic of economic dependence?
What is a key characteristic of economic dependence?
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Why is the relationship between less-developed nations and industrial nations considered unequal in economic dependence?
Why is the relationship between less-developed nations and industrial nations considered unequal in economic dependence?
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What was the primary purpose of the Platt Amendment, which was added to the Cuban Constitution?
What was the primary purpose of the Platt Amendment, which was added to the Cuban Constitution?
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The Roosevelt Corollary to the Monroe Doctrine asserted that the United States had what authority in the Western Hemisphere?
The Roosevelt Corollary to the Monroe Doctrine asserted that the United States had what authority in the Western Hemisphere?
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Why did the United States support a revolt in Panama against Colombia in 1903?
Why did the United States support a revolt in Panama against Colombia in 1903?
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What was the main benefit of the Panama Canal for American interests?
What was the main benefit of the Panama Canal for American interests?
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What was a common sentiment towards the United States in Latin America during the early 20th century, in response to U.S. interventions?
What was a common sentiment towards the United States in Latin America during the early 20th century, in response to U.S. interventions?
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What was a direct consequence of the increased pressure for change in Mexico during the early 1900s?
What was a direct consequence of the increased pressure for change in Mexico during the early 1900s?
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Why did Latin American countries eventually view the United States with apprehension, despite initial admiration?
Why did Latin American countries eventually view the United States with apprehension, despite initial admiration?
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What was the primary objective of the Monroe Doctrine, as declared by President James Monroe in 1823?
What was the primary objective of the Monroe Doctrine, as declared by President James Monroe in 1823?
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What was a key factor that made the Monroe Doctrine effective, despite the U.S. military lacking the power to enforce it?
What was a key factor that made the Monroe Doctrine effective, despite the U.S. military lacking the power to enforce it?
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What was a geographical consequence of the war between the United States and Mexico in 1848?
What was a geographical consequence of the war between the United States and Mexico in 1848?
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What event immediately preceded the United States' declaration of war on Spain in 1898?
What event immediately preceded the United States' declaration of war on Spain in 1898?
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What territories were acquired by the United States as a consequence of the Spanish-American War?
What territories were acquired by the United States as a consequence of the Spanish-American War?
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What does the text suggest about the lives of many children in Mexico during the early 1900s before the revolution?
What does the text suggest about the lives of many children in Mexico during the early 1900s before the revolution?
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Study Notes
Economic Imperialism in Latin America
- Latin America's economy became dependent on industrialized nations for investment, technology, and manufactured goods.
- Industrial Revolution allowed for global trade of goods like meat, which were previously difficult to transport. This interconnected nations across vast distances.
- Latin American economies increasingly relied on developed countries for economic support. Britain and later the United States invested heavily in Latin American countries.
Setting the Scene
- Industrial Revolution's new technology enabled the global transport of goods. This was especially significant for perishable items like meat.
- European nations' global influence increased.
- Greater interconnectedness of nations
- Developing countries in Latin America became more dependent on the economies of more developed nations.
A City in Brazil
- Rio de Janeiro became a modern seaport by 1900
- Latin American countries' wealth flowed to Europe.
Lingering Political Problems
- Simón Bolívar's vision of a unified Latin America was damaged by diverse factors including regionalism, geography, and local nationalism
- Twenty separate nations emerged after attempts at unification failed.
- New Latin American nations adopted republican constitutions based on the United States' system of governance.
- Political instability, civil wars, and dictatorships frequently plagued Latin American countries.
- Colonial rule's lasting impact on the social and political hierarchy led to ongoing problems. Creoles replaced peninsulares as the ruling class.
- Church maintained its privileged position and land ownership.
- Inequality, racial prejudice, and limited voting rights persisted beyond independence. Landlords continued to hold power over peasants.
Instability
- Regionalism and loyalty to local areas weakened new nations.
- Powerful local leaders (caudillos) used private armies to challenge central governments, creating instability and frequent revolts.
- Ruling elite in Latin America were divided between conservatives and liberals. Conservatives defended the social order, favored restrictions on the press, and often supported the Catholic Church. Liberals supported a more modern society and championed personal freedoms, religious toleration, and education reform.
Economics of Dependence
- Latin American colonies were dependent on Spain and Portugal under mercantilist policies.
- Raw materials were sent to Europe, and manufactured goods were imported.
- Trade restrictions prevented Latin American countries from developing their own industries.
- After independence, the pattern of dependence continued. Trade with Europe and the US remained dominant, despite the adoption of 'free trade'.
- Economic dependence: less-developed nations exporting raw materials and commodities; importing manufactured goods, capital, and technology.
Foreign Influence
- Foreign investment led to large profits for both foreigners and local businesspeople.
- Foreign investors sometimes pressured their governments to act regarding political or economic developments in Latin American countries.
Economic Growth
- Latin American economies expanded due to foreign capital after 1850
- Increased mining and agriculture
- Latin American countries exported goods like copper (Chile), nitrates, livestock, wheat, coffee, rubber, and sugar.
- Foreigners invested in ports and railroads to facilitate trade.
- Newcomers/immigrants contributed to economic expansion
- A small middle class arose.
- Limited development of their own industries
- Lack of demand for goods negatively affected industrial growth.
- Wealthy elite benefited most from economic growth.
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Description
Explore the impact of economic imperialism on Latin America's development, especially during the Industrial Revolution. Learn how dependency on industrialized nations altered the region's economy and trade dynamics, with examples like Rio de Janeiro's transformation into a modern seaport. This quiz will help you understand the intricate relationship between developing and developed countries.
