The Major Economic Problems That Have Plagued Latin America

1497 Words Apr 25th, 2016 6 Pages
1. What are the major economic problems that have plagued Latin America in the 20th century?
During the 20th century Latin America went through a change after the U.S made the clam to directly defend Latin America. This caused a sudden trade switch from the Europe nation to the U.S. With this trade switch we start to see a big gap between the lower and upper class. With this gap the poor gets poorer and the rich become Carlos Slim. Carlos Slim was the world’s richest person form 2010-2013 and is a perfect example of how the upper class becomes billionaires. The wealth Disparity can also be seen in areas like Sao Paulo, Brazil with their slums. With this wage gap, crime started to flourish in Latin amerce along with corruption. Some of the best examples of crime and corruption are the Colombian drug cartels with their widespread murder and bribery tactics.
Politic violence also affected Latin America like revolutions and other up raising the government would shift and political power would change every few years. The common assassination of politic enemies for cartels often changed the Latin America diplomatic landscape.
2. How did Peru and Nicaragua differ in terms of Indian acceptance of leftism in the 1970s and 1980s? Why?
In the 1980’s Peru was a hotbed of leftist activity due to the fact of Peru majority was contested of Indians who lived in poverty. Some of the reasons for the left wing politics were debated the inequality, social privilege and Marginalization the…
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