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Topic 16: The Latin America Economies in the World Trade - Coggle Diagram
Topic 16: The Latin America Economies in the World Trade
Latin America experienced notable changes throughout the 19th century. The
population grew from 20 million inhabitants in 1820 to 62 million in 1900. Foreign
trade went from 50 million dollars in 1825 to 800 million in 1885 and over 1000
million in 1900
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.
The production and extraction of these products were not magically crafted.
While some as many Latin American millionaires spent fabulous sums in Paris
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. Peasant sectors of
Europe, the hope of having worked in America.
The history of the incorporation is
summarized as follows: Argentina
and Uruguay began, with the export
of leathers, skins, and tallows to
Europe. Chile was followed, with the
sales of flour, oil, and wine
demanded by the new population
arriving in California because of the
gold rush