list five economic and social trends in 19th century latin america

Import substitution industrialization to create sufficient economies stopped using old economic policies. They opened up assembly lines for production. It implemented the Latin American Free Trade Association and Central American Common Market and opened the economy. America gave its economic Aid to Latin America.

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keshavgandhi04 keshavgandhi04 · Answer 2 · 2022-03-14T05:41:17+01:00

These are major economic and social trends in Latin America are the flow of foreign capital investment, aid by America, It established the Latin American free trade association, the industrial revolution, expansion of education.

What was the economic issue in Latin America during the nineteenth century?

The major economic challenges were in Latin America during the nineteenth century are slow down the growth rate, poor education system. slow transfer of innovation and ideas.

British ruled Latin America over the centuries and exploited its natural resources. Now the major sources of income of Latin American countries come from agriculture, fishing, mining, forestry, and industry.

Therefore Latin America had undergone economic transitions.

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