Latin America Essay

In week four we learned we read two excerpts by Patrice Franko and Peter Klaren. These two excerpts described the reasons and history for the underdevelopment of Latin America. I learned a great deal about Latin America in the past few weeks of this quarter. Everything from the native empires, to the rise of the independent states has taught me that Latin America has been a country willing to stand up for themselves. Although they are brave and willing to protect their sovereignty, they have earned a reputation for being known as a third world country. Growing up in a Hispanic family, I learned that many of my family members left Latin America because of its underdevelopment and corruption. They came to the United States seeking a better life with opportunities. Now that I read these two articles I began to understand why my family as well as other families immigrate to the United States. What I learned from both of these …show more content…
These leftist views caused revolt in order to overthrow capitalism, and this is seen in Cuba with the rise of Fidel Castro. Klaren also writes about how the countries of Latin America continually borrowed money from the United States in order to relieve themselves of a depression. In the film, “South of the Border”, the narrator tells the story about why most of the Latin American countries have been so economically unstable, and this is due to their increased debt to the International Monetary Fund (IMF). This debt caused the Latin American Countries to go bankrupt and continue to borrow money from the International Monetary Fund. The rise of the more liberal groups in the nation began to stop this continual borrowing, and leaders such as Hugo Chavez and many others sought to end their debt to the IMF bringing about a better economy, but also shifting their country to a more socialist form of