It is important for Latin America to diversify it's economy because for one thing, L.A. wouldn't have to take the risks of a failed business by relying on one crop or resource. Another reason is that more diverse crops or resources brings in a steady amount of money with varied products, and L.A. would be taking their chances by just relying on one crop/resources.
The loyalist wanted to keep Britain in charge, but the patriot wanted America's freedom. So, they were both LOYAL to their countries. <span />
The largest desert in the world is technically in Antarctica; so this would be a correct answer. If you're looking for a more "typical" deserts, you could go with Africa, with its Sahara and numerous other deserts too.
The cotton economy, due to the new cotton gin. ( don't know if right, but it did free soaves)