How did Latin America's economy change after independence?
1. Latin American countries exported farm products, minerals, and other resources to Spain and Portugal.
2. Latin America's economy did not change
3. Latin American nations were free to trade with other countries; however, they still relied on exporting farm products and minerals, and importing manufactured goods.
4. Latin American countries only traded with other countries.
I'm really stuck and need help.
Latin America is not just one country. Which one(s) are you studying?
https://www.google.com/search?q=latin+american+countries&oq=latin+american+countries&aqs=chrome..69i57j69i60.5936j0j7&sourceid=chrome&ie=UTF-8
To determine how Latin America's economy changed after independence, let's break down each option and evaluate it:
1. Latin American countries exported farm products, minerals, and other resources to Spain and Portugal.
While it is true that Latin American countries were colonized by Spain and Portugal and were major exporters of agricultural products, minerals, and resources during that time, this option specifically refers to the period after independence. After gaining independence, Latin American countries were no longer under Spanish or Portuguese rule, so it is unlikely that they continued exporting primarily to these two countries.
2. Latin America's economy did not change.
This option suggests that Latin America's economy remained the same after independence, which is highly unlikely. Independence brought about significant political, social, and economic changes in Latin American countries, as they sought to establish their own governments and shape their economies in new ways.
3. Latin American nations were free to trade with other countries; however, they still relied on exporting farm products and minerals and importing manufactured goods.
This option seems the most plausible. After gaining independence, Latin American countries did have the freedom to engage in trade with other nations. However, due to several factors such as land distribution, the existing agrarian-based economies, and limited industrialization, many Latin American nations continued to rely heavily on exporting agricultural products and minerals while importing manufactured goods.
4. Latin American countries only traded with other countries.
This option suggests that Latin American countries completely stopped trading with Spain and Portugal and only engaged in trade with other foreign nations after independence. While it is true that trade with Spain and Portugal likely diminished after independence, Latin American countries did not limit their trade exclusively to other countries. They continued trading with various nations depending on their economic and political interests.
Considering the above analysis, option 3 seems to be the most accurate. After gaining independence, Latin American nations were free to trade with other countries, but they still heavily relied on exporting agricultural products and minerals while importing manufactured goods.