How did Latin America’s economy change after independence?
A. Latin American countries exported farm products, minerals, and other resources to Spain and Portugal.
B. Latin America’s economy did not change.
C. Latin American nations were free to trade with other countries; however, they still relied on exporting farm products and minerals, and importing manufactured goods.
D. Latin American countries only traded with other countries.
ok thank you
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
You'll need to refer to your text then. All countries are not alike.
very sarcastic thank you
i always wondered why all of mrs. Sues' posts were always in like 2008
Pretty sure Ms. Sue is Deceased…
Im trying to figure out the answer
After independence, most South American countries
struggled with economic challenges. They relied heavily on exporting raw materials, such as agricultural products and minerals, which made them vulnerable to fluctuations in global markets and subjected them to competition from other emerging economies.
However, some countries experienced significant economic growth, such as Brazil and Mexico, as they diversified their economies and implemented market-oriented reforms. They also invested heavily in infrastructure, education, and technological advancements.
So, the answer would be:
C. Latin American nations were free to trade with other countries; however, they still relied on exporting farm products and minerals, and importing manufactured goods.
The correct answer is C. Latin American nations were free to trade with other countries; however, they still relied on exporting farm products and minerals, and importing manufactured goods.
To arrive at this answer, we can analyze the options and eliminate the incorrect choices.
Option A states that Latin American countries exported farm products, minerals, and other resources to Spain and Portugal. However, this is not an accurate description of the post-independence period. After gaining independence, Latin American countries sought to establish their own economic relationships with different nations rather than relying solely on Spain and Portugal.
Option B states that Latin America's economy did not change. This is an incorrect assertion because Latin America experienced significant economic changes after gaining independence. The end of colonial rule and the emergence of independent nations led to new economic policies, trade relationships, and the diversification of industries.
Option D states that Latin American countries only traded with other countries. Again, this is an inaccurate statement. While Latin American nations did engage in trade with other countries, it does not imply that they traded exclusively with other nations.
By process of elimination, option C is the most accurate. After independence, Latin American nations were no longer restricted to trading solely with Spain and Portugal. They became more open to trading with other countries, but their economy still relied heavily on exporting farm products and minerals, and importing manufactured goods. It took time for Latin America to develop and diversify its economy beyond these traditional sectors.