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LATIN AMERICAN INDEPENDENCE, image, image, image, image, image, image,…
LATIN AMERICAN INDEPENDENCE
THE CAUSES OF INDEPENDENCE
Great Britain gave financial assistance to the supporters of independence because they wanted to end Spain's dominance of trade with America
The American Revolution
The Creole bourgeoisie wanted political and economic control of the colonies
The influence of Enlightenment ideas, which were brought to America by Creole students who travelled to Europe
THE SEQUENCE OF EVENTS
In the Viceroyalty of New Spain, a priest called Hidalgo led a social uprising of Indians and mestizos against the Spanish authorities
In the Viceroyalty of New Granada, Simón Bolívar led a liberal bourgeois revolution which ended with the proclamation of the First Venezuelan Republic
In the Viceroyalty of the Río de la Plata , General José de San Martín led a series of revolts which spread from Argentina, across Chile, Uruguay and to the Viceroyalty of Peru. Paraguay declared its independence.
THE SPANISH CONSEQUENCES OF INDEPENDENCE
The loss of the American colonies dramatically reduced Spain's international prestige and power
The Spanish economy suffered, especially the Catalan manufacturing industry
Spain lost its hegemony over Latin America
THE NEW SOUTH AMERICAN COUNTRIES CONSEQUENCES OF INDEPENDENCE
New countries were formed, such as Venezuela, Argentina and Mexico. They became independent republics
Most of the new republics now came under the influence of Great Britain
The Creole bourgeoisie gained the political and economic power it had been fighting for.
The establishment of free trade damaged the economies of many countries as they were unable to compete with European and North American products
