Brazil, Mexico And Argentina

Satisfactory Essays
The Brazil, Mexico and Argentina are the largest, most industrialized and most diverse economies of Latin America.

The three became independent countries in the early 19th century and, at the end of it, slowly started their industrialization processes, which have intensified only from the early 1930.

With the crisis of 1929 and the economic depression that followed, the industrialised countries started to buy less goods sold by the exporting countries of agricultural and mineral products. At that time, Brazil, Mexico and Argentina had drastically reduced export levels, which made it difficult to import various industrial products. On the other hand, the drop in inflow of imported products has accelerated the industrialization to replace many consumer goods, mainly from Europe.

Weaving factory in São Paulo in the early 20th century

Some the first factories belonged to the landowner aristocracy which had accumulated capital with exports of agricultural products and went on to invest in industry, in Commerce and in the financial system. The estancieros Argentines (owners of estancias, large rural properties), have won a lot of money by exporting meat and wheat; in Brazil, highlighted mostly farmers of coffee, known as coffee barons; and, in Mexico, the owners of the haciendas (farms). All were large landowners, with strong economic and political influence in their countries.

Paulista Avenue in the early 20th century-dominated by luxury mansions of the barons of
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