These independence movements had a focus specifically on local issues which created issues in future years. “The revolts had started not as a revolution but as a protest in the mold of colonial uprisings- aimed not at independence or the overturning of the colonial regime, but at righting local wrongs, replacing abusive local officials, and reducing taxes and other unpopular governmental demands” (page 174). However, this is not what ended up happening and grievances overall were not addressed properly. A struggle of creating and maintaining stable economic and political institutions that aligned with their values began as they entered a new era of life in Latin America (pages 174-175).
The economic and political environments were disorganized as the wars during the fight for independence left the economy in shambles and there was a slump in exports. This is where foreign investments and loans came in to assist these vital exports that were necessary for other countries. Latin America became afraid of foreign invasion threats which “prompted costly military spending throughout the nineteenth century” (pages 178-179). The independence movements were quickly taken over by conservatives influenced by economic …show more content…
“This period from 1876-1911, was characterized by strong-armed politics, sharp-eyed reforms, rampant corruption, massive extraction of wealth by foreign capitalists, endemic rural poverty, and other ills” (page 226). However, despite the negatives, this became one of the first times Latin America saw stability post-independence, even though “the developed world remained a few crucial steps ahead. Mexican infrastructure was still in great need of improvement, and port facilities were high on the list of priorities” (page 229). Lack of local ownership and government created resentment within Lain America that led to the Mexican Revolution beginning in 1910 (page
The economic and political environments were disorganized as the wars during the fight for independence left the economy in shambles and there was a slump in exports. This is where foreign investments and loans came in to assist these vital exports that were necessary for other countries. Latin America became afraid of foreign invasion threats which “prompted costly military spending throughout the nineteenth century” (pages 178-179). The independence movements were quickly taken over by conservatives influenced by economic …show more content…
“This period from 1876-1911, was characterized by strong-armed politics, sharp-eyed reforms, rampant corruption, massive extraction of wealth by foreign capitalists, endemic rural poverty, and other ills” (page 226). However, despite the negatives, this became one of the first times Latin America saw stability post-independence, even though “the developed world remained a few crucial steps ahead. Mexican infrastructure was still in great need of improvement, and port facilities were high on the list of priorities” (page 229). Lack of local ownership and government created resentment within Lain America that led to the Mexican Revolution beginning in 1910 (page