Question

How did latin americans struggle for change in the early 1900's?

Answer 1

The correct answer is  The Latin economy was growing considerably in 1900, but they were still very dependent on other non-Latin countries.

Between 1950 and 1980, Latin America experienced rapid growth. During this period, the product expanded at an annual rate of 5.8% with  per capita increases of 3% per year on average. Table 1 provides details. The best performance is clearly that of Brazil, whose participation  regional product increase from less than a quarter to more than  than a third. At the other extreme are two groups. One is the Southern Cone (Argentina, Chile and Uruguay) whose position as leader in the region in 1950 was  worn. The other stragglers include a variety of smaller countries, some in Central America.  Latin America's average performance after World War II is  impressive when compared to the following facts. The goal of  Alliance for Progress, implemented in 1961, was an annual growth rate of 2% in per capita terms. The growth of per capita income  capita in Europe as a result of the Industrial Revolution was 1.3%  from 1850 to 1900 and 1.4% between 1900 and 1950. The economic growth of  the long term in the United States was 1.8% per year.  However, two factors contributed to overshadow the performance of the  Latin America between 1950 and 1980. One is the dramatic reversal of this performance in the 1980s. Latin America has gone back in this decade,  with the product falling at the rate of 1.4%, as recorded in table 1. Until  1988, with the exception of Brazil, Chile, Colombia and Dominican Republic,  the pm per capita of all countries in the region had fallen below the level  1980. Venezuela, Nicaragua and EI Salvador showed levels below  those achieved in 1960. The 1980s were truly a  lost decade. Consequently, previous progress is underestimated.