Causes Of Poverty In Latin America

Superior Essays
Shawn Smith
Mauldin
UCCA 102
17 February 2016
Poverty in Latin America Throughout the myriad of problems that exist in South American and Central American countries, one problem seems to be common for all Latin American countries: poverty. For centuries, most countries in Latin America have been in the same economic state. They have enormous separations of class. Usually, the countries have no middle class, only the extremely rich and the extremely poor exist. Now, the debatable topics in this is what exactly the source of this poverty is. Did the people of these Latin American countries create this devastating poverty level themselves, or, did an outside source cause it? Some say that that the Latin American people caused their own poverty
…show more content…
This would be attributed to the northern part of the 13 colonies’ lack of gold, silver or Indian civilizations with dense concentrations of people already organized for work or fabulous tropical soil fertility in the coastal strip that the English pilgrims settled. Moreover, from Maryland to Nova Scotia, through New England, the northern colonies produced under the climate and the soil characteristics, exactly the same as British agriculture, that is, that did not offer to the metropolis as additional production. Very different was the situation in the Caribbean and the Iberian mainland colonies. Of tropical lands they sprouted sugar, snuff, cotton, indigo, turpentine; a small Caribbean island was more important to England, from the economic point of view, the matrices thirteen colonies of the United States. These circumstances explain the rise and consolidation of the United States as an economically autonomous system, which did not drain out the wealth generated within it. There is a broad consensus that an economy 's performance should be evaluated not only based on the typical economic indicators - growth product, reduction of inflation and unemployment, but also, and especially, in terms of its achievements in reducing poverty and unjust socio-economic disparities. (Mendoza et …show more content…
The Civil War ended with the victory of the industrial centers in the north, protectionist and through, on the free traders and cotton planters snuff in the south. The war that would seal the fate of colonial Latin America was born while war concluded which it made possible the consolidation of the United States as a world power. Developed shortly after President of the United States; Grant said: "For centuries England has relied on protection, it has carried to extremes and has obtained satisfactory results from it. No doubt it owes its present strength to this system. After two centuries, England has found it convenient to adopt free trade because it thinks that protection can no longer offer you anything. All right, then, gentlemen, my knowledge of my country leads me to believe that within two hundred years, when America has gotten out of protection all that protection can offer, also adopt free trade". Deprivation is repeated in the labor market: in all the countries of the region the poor typically agree to work precarious, unstable, low-wage and without benefits, or directly are unemployed. There are at least three reasons that justify the analysis of the distributive problem. The first comes from the mere scientific curiosity that the poverty and inequality are socio-economic phenomena that are interesting

Related Documents

  • Improved Essays

    In the Native American period, initial prosperity in the colonies is due to hunting and the fur trade. In addition, fishing is a source of wealth mostly in Massachusetts. But throughout the colonies, people basically living on small farms and subsistence. In some small towns and in big plantations in North Carolina, South Carolina and Virginia, some necessities and virtually all luxury goods are imported, and exported these places tobacco, rice and dye. The industry supports the colonial development grows.…

    • 233 Words
    • 1 Pages
    Improved Essays
  • Decent Essays

    Adam Smith, The Results of Colonization; Critique The article written by Adam Smith pertaining to the results of colonization in 1776 is one which stretches the importance of the advancement and development on economic matters such as trade and commerce in Europe. This article does a thorough job in addressing the advantages as well as the disadvantages of the discovery of America by Europe. One major advantage being, the augmentation of its industry which would help push capitalism and maximize profits, as well as the increase of enjoyments which was due to the surplus produce of America. On the other hand, a disadvantage in the colonization of America is shown in the natives of the East and West Indies who had to endure hardships during…

    • 330 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    In the early years of British colonization of the North American continent, a source of wealth and work must have been established, otherwise the land would have been considered virtually useless to…

    • 493 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    By the 1700s, the New England and the Chesapeake regions developed into two different colonies due to each colony’s reason for settlement, consisting of religious and economic reasons, their personal beliefs, and their growth in their society. While the settlers of New England immigrated to the Americas to escape religious persecution, the settlers of the Chesapeake region immigrated for more economic reasons—the search of gold. Each colony’s way of life contrasted from one another in the way they lived in their societal systems. The impacts of these differences evolved the colonies uniquely. Documents A and D reveal the religious motivations behind the New England settlers’ settlements.…

    • 873 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The thirteen British colonies developed a unique American society by 1763 as a result of numerous socioeconomic and political factors. From sculpting an economy that worked for the colonies’ individual interests, crafting a government that reflected the radical ideal of self-governance, and eventually building a religiously free environment, the thirteen colonies were products of their environment, generation, and geographic circumstances. The thirteen colonies’ ability to develop a unique American society was largely in thanks to the shift from a mercantilist system to a capitalistic economy. Since its earliest days, the colonies were initially founded with the intent of producing profits for a greater entity—whether that be for the collective economic growth of Great Britain, or more specifically for the stockholders of the Virginia Company.…

    • 529 Words
    • 3 Pages
    Improved Essays
  • Great Essays

    A Review of The Economy of Colonial America The Economy of Colonial America by Edwin J. Perkins is a detailed look into the economic and everyday situations experienced by Americans of the colonial era. Perkins uses many modern comparisons, along with comparisons to other parts of the world, in an attempt to describe the economic lifestyle of colonist.…

    • 2587 Words
    • 11 Pages
    Great Essays
  • Superior Essays

    The Chesapeake vs. New England In the late 16th century, America was rapidly becoming colonized by the European nations. In fact, two of the major colonies in America both came from England under very different circumstances. These colonies are the Chesapeake, consisting of current day Virginia and Maryland, and New England, consisting of current day Massachusetts and Connecticut. Although these colonies both came from England, they significantly grew independent of each other.…

    • 1106 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    In the early sixteenth century, the English began the colonization of North America by establishing colonies in New England and in the South. These two regions were very different from one-another and thus provided the colonists with very different challenges. Due to environmental factors such as soil quality and the need for cheap labor, the New England colonies and the Southern colonies were forced to find different economic solutions that would allow them to flourish and survive. The Southern colonies were fortunate to have settled on rich farm land with a warm climate that allowed them to farm year round.…

    • 827 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    In the Spanish colonies, the settlers formed large-scale farms called plantations in the 1600’s that skyrocketed their economy and the demand in Europe. From the advancement of the plantations and the product of sugar, the industry proved highly successful considering the intensive work labor that was needed to run the plantations. The Spanish had to rely on the enslavement of indigenous people, they soon had to rely on African enslavement due to the decline of natives due to the hard labor in the plantations, to keep their business prosperous and maintained to aid the rising success of the Spanish economy. Unlike the Spanish, the Massachusetts Bay had fertile soil and prospered from the land. Considering the vast farmable land in the south that could be used for tobacco and other cash crops, the economy began to depend on subsistence farming where the people only grow enough for their own families which led to a tighter knit community in the New England towns.…

    • 1798 Words
    • 8 Pages
    Great Essays
  • Superior Essays

    Guarneri's Atlantic System

    • 1651 Words
    • 7 Pages

    The northern British colonies of New England were initially the poorest of the Americas with no precious metals or the proper climate to produce agriculture staples that were needed in Europe, they met their subsidence and local needs largely through small-scale diversified farming and craft production based on family and free wage labor. By the eighteenth century New England and the mid-Atlantic colonies were able to assume a function within the Atlantic economy, setting them on a path towards industrialization and political democracy that sharply distinguished their development from the other colonies of the Americas. It was not some unique cultural or racial attribute that explains their exceptionalism; however, it was their inability to produce primary commodities for export to Europe, allowed them to preserve and develop their unique free-labor system. By the end of the colonial period these…

    • 1651 Words
    • 7 Pages
    Superior Essays
  • Superior Essays

    Poverty in America Oralia Soledad Jimenez Cesar Chavez Learning Academy - Teacher Prep Academy Is the American Dream an Impossible One? Can we keep the American Dream alive or is it already dead? People tend to be quite judgmental when it comes to wealth and poverty. A timely and important contribution to the discussion about the changing nature of poverty in the U.S.…

    • 2323 Words
    • 10 Pages
    Superior Essays
  • Great Essays

    Directly following the start of the Commercial Revolution in the 1400s, Spain and England began to colonize the Americas, which was often referred to as the New World. The Spanish and English colonies were both similar and different in several ways. The Spanish and English colonies were slightly alike in the poor and unfair treatment of indigenous people and substantially different in religion and economic base. The Spanish and English were slightly comparable in terms of treatment of indigenous people because of enslavement of native people and taking their land.…

    • 1632 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Due to the geographic differences between the Northern and Southern colonies, the development of their economies was based off of different goods and services. In the South, with its “temperate climate and long growing season” (Davidson, et al 88), colonists found that the soil was fertile and therefore suitable for the large scale growth of first, tobacco, but later other crops including indigo, rice, and cotton. Southern colonist could grow these crops essentially all year as the temperature in the region remained the same. Unfortunately, the geography of the region did not allow for “good harbors and navigable rivers” (Davidson, et al 74), ensuring that the Southern colonies would remain mostly agricultural. In contrast, the Northern colonies…

    • 1084 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Banerjee and Duflo’s article The Economic Lives of the Poor, studies five main areas of the living conditions of the extremely poor: food and its alternatives in spending, savings, work and specializations, infrastructure and health services, and education. In their study they found the percentage of income families spend on food, stays relatively the same even if their income goes up (Banerjee and Duflo, 2009). Families save very little money for lack of somewhere safe to store it, and when they take a loan, it is from their friends and family and not from banks (Banerjee and Duflo, 2009). Workers in developing countries lack specializations since it can be too risky to put all their time and resources into one industry (Banerjee and Duflo,…

    • 953 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Essay On War On Poverty

    • 1146 Words
    • 5 Pages

    Poverty has become a crucial problem worldwide and has a great influence on economic development. Regardless if poverty is on a large or small scale, some strand of poverty is visible within many communities worldwide. More than likely, somewhere in the world, there is a young man who is homeless on the street, a single woman who cannot adequately supply for her family, an elderly woman who is sick and is not able to afford her medication, a young lady that has to settle for contaminated water to compensate for nourishment of her body, and people who are on the verge of total financial collapse. America, one of the wealthiest nations on earth with having a high inequality than other industrialized countries has struggled with inequality within income, power and education which resulted in the high intensity issue of poverty.…

    • 1146 Words
    • 5 Pages
    Improved Essays

Related Topics