In general, latin american development since 1450 - 1900 was a huge change.
First colonization came around the end of 15th century since America's discovery in 1492
In most places, there was a devastation of original cultures by the new europeans coming to get resources such as minerals, precious metals, and other richness of the new world. No respect was taken for the original cultures, and the invaders tried to eliminate original cultures.
Since then, from 16th century up to 18th century, the history of latin america has been one of a supplier for bigger more powerful countries by using local cheap labor and resources, without leaving much richness, work compensation to the locals.
The new industries changed the lives of Americans in the 1920s because of the modernization, this allowed Americans to work for lesser hours while enjoying more leisure time as well as their hard earned money. The 1920s was considered a time for positive results in the industry of consumer goods and American families, because of higher wages, shorter working hours, and manufacturing was up 60% in consumer goods. Hope this is the answer that you are looking for.
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There were four candidates in 1912
Woodrow Wilson
Theodore Roosevelt
William H Taft
And Eugene Debs