• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Latin American History-Why did independence strengthen the landed aristocracy and the military?

Extracts from this document...

Introduction

Question 1- Analyze the causes of the economic stagnation that afflicted many of the new states following independence. There were a number of causes for economic stagnation after independence. While some nations such as Brazil, Chile, and Argentina found economic prosperity in industry such as coffee, metal, and hides, many other nations failed to return to the economic success they had before their independence was gained. Some of these nations are: Bolivia, Peru, and Mexico. These specific nations were mostly dependent on mining for economic balance; however, after they gained independence they lost much of their mining capacity. This in turn broke their economies. The causes for economic stagnation after independence included: the failure to gain foreign investment, and the catastrophe of not redistributing income and land throughout each nation. ...read more.

Middle

These cheap products hurt many of the local clothing and craft producers in Latin America. The merchant class was virtually destroyed due to the cheap and easily assessable British goods that began to flood the markets of Latin American nations. The British goods also depleted the new nations of their precious metals (gold and silver). Due to the invasion of British products in Latin America, the wealthy merchant families all the way from Mexico City to Argentina were English; however, Iberian merchants were still prominent and controlled the urban and province to province trade. Once the majority of Latin American countries secured their independence, they failed to act on one necessary issue to achieve economic stability. ...read more.

Conclusion

The return to regionalism intensified due to lack of roads and minimal communications due to natural obstructions like mountains. Caudillos began ruling regions and controlling all of the regional business. Politics and revolution brought about by the caudillos became an economic activity in some Latin American nations. The winners in the revolutions were given control of the customhouse which controlled the collection of taxes on imports/exports. The caudillos could use this advantage to provide jobs, government land, and financial protection to their supporters and themselves. Due to the reliance on politics and military gain, the leaders caused a bloated military and caused resources to be sidetracked from economic development. Also, foreign trade was stressed more than ever which made it so the Latin American nations depended on foreign nations for products, instead of providing for themselves. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our International Baccalaureate History section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related International Baccalaureate History essays

  1. The United States War of Independence had nothing in common with the Latin American ...

    The mercantile system was a form of economic nationalism that called for strict governmental regulation of trade and commerce and held that the sole function of colonies was to enrich the mother country by furnishing raw materials, gold, and silver, as well as exclusive markets for goods produced by the mother country.

  2. A comparative study of two Latin American revolutions exhibits the causes and effects necessary ...

    The slaves cultured and nurtured the idea that "people of color could have decided on their own to overturn the social order established by whites (Popkin 18)" for they refused to settle for anything less than freedom.

  1. Analyse the factors that led to the growth of independence movements in any one ...

    Like many prior acts and recommendations of the British, it left the Indians dissatisfied. A prominent example is the Government of India Act of 1919, where the government promised only very restricted authority to the Indians. Another example is when Nehru demanded complete independence, 'purna swaraj', by the end of 1928, Gandhi demanding Dominion status after one year.

  2. League of Nations

    Do you think your results suggest that the League was a complete waste of time? I wouldn't say that my results suggest that the League was a complete waste of time, because after all, the League managed to increase the welfare across several borders which were one of the League's main aims.

  1. Was the American Revolution Revolutionary?

    The concepts reflect economic issues for a majority of the time because the colonies were not interested in taking political stands against British Parliament. Instead, they were frustrated by Britain's constant desire to limit their ability to prosper. The issues that arose revolved around trade between the colonies and Britain and the acts passed to limit the colonists.

  2. IB History HL, Extended Notes: Russia, the Tsars, the Provisional Govenment and the Revolution.

    Nationalities called for greater independence including Ukranians, Finns and Poles. 6. Politically, many though the time had come to force change on the autocracy. Middle class liberals (many active in the zemstva) formed Kadets demanding universal suffrage to a national assembly.

  1. Notes on the History and Development of the Arab-Israeli Conflict

    - During the civil war, UN mediator Count Folke Bernadotte had introduced truces. These didn't get, or aim for peace. - Israel used the first truce to import arms from Czechoslovakia. - Bernadotte eventually offered a new peace plan, which reduced Israelis land, and thus was rejected by Jewish representatives.

  2. The History and Development of the American Dream

    These are stereotypical images provided by cinema (movies for the whole family where all the events take place against the background of a quiet family life); books (recollect characters of F. Scott Fitzgerald and Theodore Dreiser) as well as show-business, sports etc.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work