How did colonialism affect Latin America's future development outcomes? Describe some of the main products extracted during the colonial period and some of the institutions affecting the factors of production. Discuss two institutions and how they affected future inequality and growth patterns in the region or a country of your choice.

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Chapter21: Economic Development
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How did colonialism affect Latin America's future development outcomes? Describe some of the main
products extracted during the colonial period and some of the institutions affecting the factors of
production. Discuss two institutions and how they affected future inequality and growth patterns in the
region or a country of your choice.
Transcribed Image Text:How did colonialism affect Latin America's future development outcomes? Describe some of the main products extracted during the colonial period and some of the institutions affecting the factors of production. Discuss two institutions and how they affected future inequality and growth patterns in the region or a country of your choice.
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