Economic Stagnation In Latin America

Decent Essays
1. Analyze the causes of the economic stagnation that afflicted many of the new states following independence.

Despite the excitement from the newfound independence of many Latin American states, the turmoil continued even after the independence revolutions in many states. A major contributing factor to the continued commotion was the debilitating economic stagnation throughout Latin America. Although some nations including Brazil, Chile, and Argentina underwent economic advances following the independence revolutions largely due to their favorable natural resources and geographic position, most other Latin American nations failed to recuperate their colonial levels of production, most others, including Mexico, Bolivia, and Peru, whose economies

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