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Margin question #9 pg. 848
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Transcript of Margin question #9 pg. 848
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MARGIN QUESTION #9 PG. 848
By: Victoria Babicheva & Thomas Bui
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THE QUESTION
In what ways and with what impact was
Latin America linked to the global
economy of the nineteenth century?
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TRAVEL Steamships
• Travel twice as fast and convenient by sea
Underwater telegraphs• Brought the latest
news and fashions of Europe
Railroads• Argentina statistically
more railroad per person than the US
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EXPORT BOOM
~ Constant demand for food
products, raw materials, and
markets
~ In 1850 value of Latin
American goods increased
value by a factor of ten
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RAW MATERIALS
Mexico produced large amounts of silver, supplying over
half of the world’s supply
Chile produced copper, required by the growing electrical
industry
Rubber from the Amazon rain forest were needed for
automobiles
sisal from Mexico were used to make binder twine for the
proliferating mechanical harvesters of North America
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VALUABLE IMPORTS
Came mostly from prospering countries
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THANKS
The End