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The most important natural resource produced within the Latin American region is crude petroleum; 4 out of the 20 largest oil producing countries in the world are located there (Venezuela, Mexico, Brazil, Colombia). Also, some of the largest producers of other mineral resources are located within the region, such as Chile (copper), Mexico (silver) and Peru (gold).
Resources of the top 5 largest Latin American economies include:
- Brazil - bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, timber.
- Mexico - petroleum, silver, copper, gold, lead, zinc, natural gas, timber.
- Argentina - lead, zinc, tin, copper, iron ore, manganese, petroleum, uranium.
- Colombia - petroleum, natural gas, coal, iron ore, nickel, gold, copper, emeralds, hydropower.
- Venezuela - petroleum, natural gas, iron ore, gold, bauxite, hydropower, diamonds.
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Who had more natural resources during the colonial era North America or Latin America?
Latin America.
Where are the natural resources of Latin America?
Oil and farming
What are the resources of Latin America?
Every country in Latin America has its own natural resources.
What part of latin America has the fewest natural resources?
The anwser is Central America.
Which country has the most natural resources in Latin America?
Brazil is considered to have the most natural resources in Latin America due to its vast reserves of agricultural land, minerals, and water resources. The country is known for its abundance of resources such as iron ore, coffee, sugarcane, and soybeans.
What are the three types of resources found in the latin America?
gold, silver, natural gas
What were two reasons Westerners were interested in Latin America?
Gold and other natural resources.
What were America's motives for expanding its influence in Latin America and the Caribbean?
Natural resources. Hence the name 'banana republic'.
What has the author Joseph Grunwald written?
Joseph Grunwald has written: 'Latin America and World Economy' 'Natural resources in Latin American development' -- subject(s): Economic conditions, Natural resources, Latin America 'The global factory' -- subject(s): Comparative advantage (International trade), International business enterprises, International division of labor
A long-lasting and rewarding source of prosperity for latin America came from?
A long-lasting and rewarding source of prosperity for Latin America came from natural resources. Precious metals, sugar, rubber, grains, coffee, copper, and oil are some of the resources that have boosted Latin American economies.
Which industry has caused many latin America governments to become unstable?
Natural resources (mining, agroindustry and oil) qualify as such.
What is a major problem in Latin America?
The major problems in Latin American include poverty, illiteracy, a bad distribution of income, pollution and over-exploitation of natural resources.
