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LATIN AMERICAN ECONOMIES - Coggle Diagram
LATIN AMERICAN ECONOMIES
INTO THE WORLD MARKET
Latin America
More population
More trade
1840: Latin American countries entered one by one to the great scenario of the world market
The diversification of demand in Europe and USA
Technical Innovations
Institutional Innovations
MAIN PRODUCTS
Latin America exported primary products
and imported industrialized manufactured goods
Leathers, skins and tallows, Flour, oil and wine, Silver and tin, Guano, Hats & Quinina, Coffee, Bauxita and petroleum
ORIGIN OF IMPORTS
Latin America exported primary products
and imported industrialized manufactured goods
GREAT BRITAIN
GREAT BRITAIN
FRANCE
USA
Latin American millionaires came to the scene spending fabulous sums in Paris or London.
Companies flourished in Latin America because tens of thousands of workers.
A migratory proccess strated form peasant sectors of Europe especially towards Argentina, Brazil and Chile.