HISTORY
THE AGE OF IMPERIALISM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Modernized ports still included too many small fishing boats.
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Too many European immigrants were coming to live in Latin America.
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Railroads connected coastal cities but did not go into interior areas.
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A few elite people benefited from growth but not the majority of people.
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Detailed explanation-1: -Why did Latin American nations remain poor and unindustrialized after they gained independence? They had no reason to industrialize as they imported manufactured goods from Europe and North America.
Detailed explanation-2: -During the second half of the twentieth century, Latin American countries faced many economic, social, and political challenges. These challenges arose from a rise in population, a large foreign debt, and ongoing foreign military involvement.
Detailed explanation-3: -Why was there no sustained economic growth before modern times, that is before 1800? because of the introduction of new capital and technology that shifted the production curve upward. What factors explain the dramatic increases in life expectancy that we saw in most countries in the twentieth century?
Detailed explanation-4: -Latin America’s economy is composed of two main economic sectors: agriculture and mining. Latin America has large areas of land that are rich in minerals and other raw materials. Also, the tropical and temperate climates of Latin America makes it ideal for growing a variety of agricultural products.