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LATIN AMERICAN ECONOMIES imagen - Coggle Diagram
LATIN AMERICAN ECONOMIES
World market
1840: Latin America entered the world market.
Caused by World market:
Technical and institutional innovations.
Diversification of demand (Europe and United States).
Latin America (19th century)
More population and trade.
Latin America exported and imported.
Argentina (Leathers, skins and tallows)
Chile (Flour, oil and wine)
Bolivia (Silver and tin)
Peru (Guano)
Ecuador (Hats & Quinina)
Colombia (Coffee)
Venezuela (Bauxita and petroleum)
Mexico (Petroleum)
Origin of Imports
Latin America exported primary products and imported manufactured goods.
GREAT BRITAIN
GERMANY
FRANCE
USA
The companies flourished because tens of thousands of workers.
Migration spread from Europe, especially to Argentina, Brazil, and Chile.
Latin American millionaires came to spend in Paris or London.
