0
The crisis quickly spread because of the importance of the capilatism system. The US was the main country who used to loan money to the latin countries, so with the big depression, the country started to charge the debts, making a huge pression in Latin America's countries. The Latin industry started to suffer a lot, less products, high prices, the US wouldn't buy products as they used to anymore. The Latin countries were counting with the export of the products, so that made a huge impact on the latin economy.
Add your answer:
Earn +20 pts
Is Latin America the same as middle America?
Latin America is made up of Central and South America.
What is the creole class in Latin America?
The creole class in Latin America was those of European or African descent born in Latin America.
In the middle 1800s which countries did France not have a sphere of influence in?
Latin America
Is mexico in latin America or South America?
Mexico is in Latin America. Latin America is the Americas (including the Caribbean) with the exception of Canada, the US, Guyana, Suriname, and Guyane (French Guiana). Mexico happens to be in that part of Latin America that is also on the continent of North America.
When did Carrefour open stores in Latin America?
Carrefour operated in Latin America beginning in 1975
How did the great depression in the US affect Latin America?
The Great Depression had a major effect on Latin America. With unemployment high in the US, exports from Latin America were at historic lows.
What is a false statement about the great depression?
It did not affect Latin America
Which world event helped encourage authoritarianism in Latin America in the 1930s?
The great depression
Political upheaval in 1930 latin America was the result of what?
I do believe it was the worldwide Great Depression.
What event brought an end to many of the liberal governments in latin America?
great depression
How did Hernan Cortes impact Latin America?
He impacted Latin America in many ways. First, he impacted by impacting Latin American in many ways. Second, he tried to impact Latin America. Third, he made an impact to Latin America. I hope this answer helped you :)
What European country had the greatest impact on colonization in latin America?
Spain had the greatest impact on Latin America.
How many times did the U.S. send troops to Latin America between the eve of the Spanish-American war and the dawn of the Great Depression?
51 times
How did the US react to events in latin America countries in the 1930s?
depression
What was the impact of Cuban revolution on latin America?
One Impact of the Cuban Revoluton in Latin America was Rasism;...or treating people fairly.Less Freedom because the missles can hurt you
What was the impact of sunflower seeds on Latin America?
the impact of sunflower seeds on latin America when they were brought over from Spain wass..... HELP ME! find the answer 2 this q. plzzzz. thnx.
What country had the most impact on the language and religion of Latin America?
Spain had the most impact on the language and religion of Latin America through colonization. The Spanish brought the Spanish language and Roman Catholicism to the region, which have deeply influenced the culture of Latin America.
