Did the strong economic and financial influence of the United States and other leading countries help or hinder the development of Latin American countries?
The USA has had a very strong influence on Latin American countries. Industrialists and traders in England and the United States made full use of the richest resources of Latin America. Meat was exported from Argentina, coffee from Brazil, oil from Venezuela, tin from Bolivia, sugar from Cuba, etc. But at the same time, the proceeds went to the development of the economies of Latin American countries, they received large loans from the leading powers, the region was rapidly building railways and highways, factories, factories, modern cities. This helped Latin Americans to gradually overcome economic and social underdevelopment. Moreover, now Latin Americans did not fear serious interference in their affairs by large European states: the United States would not have allowed this.
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