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Latin American Economies - Coggle Diagram
Latin American Economies
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By incorporation into the world market,
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amounts outside of the region, towards
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In addition, Great Britain was the source of a good part of the Latin American
imports until the decade of 1870. However, by 1890, the U.S. and Germany
strongly defied British leadership. Germany did it on all continents, and with all
kinds of products, but the U.S.
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or London, their companies flourished in Latin America because tens of
thousands of workers, with low wages and poor working conditions, produced,
transported, and shipped their exports to world markets
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Thus, in the late nineteenth century, Latin America was firmly incorporated into
the international division of labor, by which Latin Americans exported primary
products (minerals, food without Process). With such incomes imported
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products, Latin America exported 18% of cereals, 12% of livestock, 62% of
coffee, tea and cocoa, 38% of sugar, 14% of fruits and vegetables, 25% of
rubber, furs, and leather, and important proportions of various minerals