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LATIN AMERICAN ECONOMIES-IN THE WORLD TRADE - Coggle Diagram
LATIN AMERICAN ECONOMIES-IN THE WORLD TRADE
INTO THE WORLD MARKET
Latin America in 19th century:
Increase population / Increase trade
1840:Latin American countries join the world market
Caused by
The diversification of demand in Europe and USA
Technical Innovations
Institutional Innovations
MAIN PRODUCTS
Petroleum
Bauxita and petroleum
Coffee
Hats & Quinina
Guano
Silver and tin
Flour, oil and wine
Leathers, skins and tallows
Rubber: Amazonian product
Latin America exported primary products
and imported industrialized manufactured goods
ORIGIN OF IMPORTS
Latin America exported primary products
and imported industrialized manufactured goods
USA
GREAT BRITAIN
GERMANY
FRANCE
Millionaires belonging to Latin America invested large sums of money in London and Paris
A migratory proccess strated form peasant sectors of Europe especially towards Argentina, Brazil and Chile.
The companies grew more and more thanks to the fact that there were more and more workers, tens of thousands
