Martin Luther of Germany, he generated a schism in the Catholic Church and formed his own Lutherism faction of Christianity.
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Latin America as a region has about twelve countries, and they all have various level of economies, however, South America can be considered as an export-based economy. Statistically, 10% of the world's agricultural product export comes from South America, with a different climatic region different crops are been harvested from all over the region each year, also it should be noted that South America dominates the global market in coffee production. The main exports from Latin America are agricultural products and natural resources such as copper, iron, and petroleum.
However, the differences in the economy of South America can be found mainly in the manufacturing sector, out of the twelve countries, 80% of manufacturing in Latin America falls on Argentina, Brazil, and Mexico.
This shows that Agricultural products drives the economy to a large extent, and all the countries in the region depend on agriculture to boost their economy, however, the maufacturing sector lies in the hand of about three to four countries.
Friedrich Fabri was a German intellectual who lived throughout the 19th century. He is known as the "Father of the Colonial Movement" due to his open support for the engagement of Germany into colonization efforts.
Fabri singled out 3 main reasons for the need to colonize other parts of the world.
- The Crisis in Germany's tariff and trade policy.
- The country's economic position
Two out of the 3 reasons he stated are considered as strengths. Which are Germany's strong growing navy and their powerful economic position in comparison to their European counterparts at the time?
