1. Economic Growth in Latin America in the late1800's
... their own nationalism. With the depression and industrialization in other countries, Argentina began to grow dependant on foreign investors and markets, primarily Britain, France and Germany. Focus on global market rather than self-sufficiency, ... gold standard lead to the decline in prosperity. Chile: Chile, unlike Argentina, was initially dependant on foreign investors. British companies claimed much of Chile's nitrate deposits, seeing as that they had no need ... , most of Chile's labor force was native born. The lack of internal investment, dominance of foreign investment, minimal r...
- Word Count: 434
- Approx Pages: 2
- Grade Level: Undergraduate