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What happened to Latin America's economy after independence?In the nineteenth century following independence, many economies of Latin America declined. In the late nineteenth century, much of Latin America was integrated into the world economy as an exporter of commodities.
What challenges did Latin American countries face after independence?Lost Decades and Violence
In post-colonial Latin America and Africa, high levels of violence, political instability, economic balkanization, and anti-trade policies all sabotaged economic growth and reduced state capacities below the already low levels that had characterized the colonial regimes.
What were the economic effects of the Latin American revolution?Large areas of land were devastated, plantations were destroyed, and large amounts of valuable commodities were wiped out. Moreover, in many countries, armed violence festered long after the wars came to an end. Many men remained armed and criminality drastically increased.
What were the results of the Latin American independence movements?After three centuries of colonial rule, independence came rather suddenly to most of Spanish and Portuguese America. Between 1808 and 1826 all of Latin America except the Spanish colonies of Cuba and Puerto Rico slipped out of the hands of the Iberian powers who had ruled the region since the conquest.
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What economic gains and setbacks did Latin American countries experience after independence?
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