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Latin Aerica
Century 19
Produce More population and more trade
1840: Latin American countries entered one by one to the great scenario of the world market
Caused by:
a)The diversification of demand in Europe and USA
b)Technical Innovations
c)Institutional Innovations
Latin America exports primary products:
Colombia: Cafe
Ecuador: hats and quinua
Venezuela: Petróleo
Argentina and Uruguay: Leathers, skins and tallows
Chile; Flour, oil and wine
Bolivia: Silver and tin
Perú: Guano
Latin America exported primary products
and imported industrialized manufactured goods
USA
GREAT BRETAIN
GERMAN AND FRANCE
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.