TRUE because there is clearly something off. hope this helps :)
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.
World War 1 started Jul 28, 1914 and ended Nov 11, 1918.
As for material wise, the English realized that the American Colonies could provide a stable stream of funds that relied on the production, refining, and sale of many different supplies and crops. Such examples would be Tobacco, Sugar (not 100% on this one), and Cotton (later on). Other products that could be produced in the Americas were whale oil and seafood. As for influence, the English noticed that they could claim large parts of Unclaimed (and sometimes claimed, which they woukd fight for) North America such as parts of Canada and almost the entire East Coats in order to spread the influence of the Crown further throughout the world. It was also a power struggle fight between Britain, France, and Spain, which was another reason for the colonies.
Legislative, judicial, and executive branches