Dependent on Europe

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Latin American countries were reliant on European powers to keep their economies moving. They imported goods produced in Europe, as well as exported their own crops. Without European intervention, there would be very little business and wealth in countries like Mexico, Cuba and Jamaica. These counties did eventually become major players in the world economy, though.





The classes of Latin America were extremely separated. The richer business owners dominated the economy, while the workers did not have enough money to buy the simplest things. This unbalance resulted in economic suppression.


-KB