The Latin America debt crisis What Happened Both internal and external for Latin Americas roller coaster economic performance in what was known as the crisis. During the 50’s and 60’s there was favorable conditions in place to maintain steady employment creation‚ capital investment and overall economic expansion. But this period ended in 1973 amid the first world oil crisis rocked the world economy and caused an era of debt-led growth among the oil importing Latin America countries. Latin American
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One of the major issues facing Latin America is the production and distribution of illegal drugs‚ which include cocaine‚ marijuana‚ heroin and more recently methamphetamine. This geographic area is crucial to the illegal drug industry because it is the world’s only source region for coca‚ which is used to produce cocaine (this is harvested in Colombia‚ Peru and Bolivia). Also‚ Central America‚ Mexico and the Caribbean are the main corridors for transporting drugs to the United States and Europe
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American Expansionism The beginnings of the early 1800’s‚ the United States was starting to notice potential in growth and expansion. They saw opportunities in Latin America‚ as there were only small Spanish colonies. In addition‚ Latin America was yet to gain any independence which made them very vulnerable and up for grabs for the U.S. expansion. One problem was at this time U.S. was trying their best to stay out of foreign conflicts and not stay out of foreign alliances. Which they would most
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established in Latin America after the wars for independence consisted of unstable transitional governments that achieved few of the goals recognized in an effective democratic government. Despite these shortcomings‚ the caudillo system maintained a predictable social order and prevented chaos. This system was the best available until the formation of a middle class could be achieved‚ resulting in a more democratic political system. The caudillo system came to be a common form of government in Latin America
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Guadalupe is one of the most celebrated Christian representations across the world. However‚ some evangelicals’ especially in North America often misunderstands her as a union of different beliefs and idolatrous image. In Latin America especially Mexico‚ people frequently elevate her to the status of deity. Besides‚ they recognize her as the Patron Saint of America. Guadalupe just like Jeanne of Arc‚ Cleopatra‚ and Betsy Ross has become mythologized and useful as a cultural and religious symbol.
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The shift of many Latin American nations away from liberal economic and political models‚ as well as away from European ideals began with changes in Latin American nationalism and culture and ended in economics. In the beginning of the 20th century many Latin American nations had cultural movements that were challenging the old ideas about racist positivism. In Mexico‚ there was a significant break with the old Diaz regime that created efforts to present the indigenous past as something to be proud
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It was not only the United States and Europe that were touched by Modernism; Latin America was also feeling the effect of this shift in the art world during the beginning of the 20th century. While beginning to achieve some level of independence from its European occupiers‚ Latin American and its artists were embracing Modernism which fit well with the mixed race cultures of this region. The indigenous peoples of Mexico‚ for instance‚ endured a brutal occupation by the Spanish starting in 1521 by
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This paper looks at how the role of corruption can influence human trafficking in Latin America. This analysis will take a critical‚ neoliberal look at the countries of El Salvador and Guatemala. Evidence of corruption at a state and individual level will support the argument that corruption plays a major role in the continuance of human trafficking in these regions. Human trafficking can be defined as the illegal trade of forced or coerced people for labor or sexual exploitation. Human trafficking
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Latin America Test Study Guide 1. Explorers for Spain and Portugal: a. Portuguese i. First to launch large-scale operations ii. Prince Henry supported explorations‚ established court—sent expeditions west to Atlantic islands‚ south to Western African coast—Portuguese settled Azores and Madeira Islands‚ learned about African coast—gold and slaves iii. Wanted water route around Africa to India—Bartolomeu Dias attempted‚ pushed back iv. Vasco da Gama
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If Latin America can create a democratic union that supports business and a strong economy this will cause a chain reaction and help stimulate other areas of interest. With the decreased strength and influence of organized crime along with a decrease in government corruption we will begin to see local and foreign businesses within Latin America succeed. This in turn leads to many things; an increase in exports‚ domestic wealth
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