1. Latin America Colonization
Since the discovery of the New World in 1492, each country has gone through some level of colonization by a European power and transition to its current state. ... The colonial period began with the discovery of Hispanola by Christopher Columbus in 1492 and most Latin American countries gained their independence in the nineteenth century. ... There were two basic industries found in the New World that shaped their economies: agriculture and mining. ... As stated earlier, the Latin American economies were based on mining and agriculture. While mining has more powerful boom-bust cycles (as mines...
- Word Count: 2984
- Approx Pages: 12
- Grade Level: Undergraduate