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Lera25 [3.4K]
2 years ago
12

Why did many economies in Central and South America develop as export-based economies?

Social Studies
1 answer:
djyliett [7]2 years ago
7 0

Answer:

they were colonies that had raw materials that large Nations wanted.

Explanation:

When Europe and the United States experienced an increase of industrialization, they realized the value of the raw materials in Latin America, which caused Latin American countries to move towards export economies.

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