Published in 2018 by Britannica Educational Publishing a trademark of Encyclopædia Britannica Inc in association with The Rosen Publishing Group Inc 29 East 21st Street New York NY 10010 Copyright 2018 The Rosen Publishing Group Inc and Encyclopædia Britannica Inc Ency clopædia Britannica Britannica and the Thistle logo are registered trademarks of Encyclopædia Britannica Inc All rights reserved Distributed exclusively by Rosen Publishing To see additional Britannica Educational Publishing titles go to rosenpublishing com First Edition Britannica Educational Publishing J E Luebering Executive Director Core Editorial Andrea R Field Managing Editor Compton’s by Britannica Rosen Publishing Carolyn DeCarlo Editor Nelson Sá Art Director Michael Moy Series Designer Michael Moy Book Layout Cindy Reiman Photography Manager Karen Huang Photo Researcher Library of Congress Cataloging-in-Publication Data Names Mooney Carla 1970 author Title The economy of Latin America Carla Mooney Description First Edition New York Britannica Educational Publishing 2018 Series Exploring Latin America Includes bibliographical references and index Identifiers LCCN 2016057937 ISBN 9781680486803 eBook Subjects LCSH Latin America Economic conditions Juvenile literature Economic development Latin America Juvenile literature Classification LCC HC125 M6146 2017 DDC 338 98 dc23 LC record available at https lccn loc gov 2016057937 Manufactured in the United States of America Photo credits Cover p 20 Martin Bernetti AFP Getty Images pp 4-5 9 18 25 32 39 background f11photo shutterstock com p 4 Getty Research Institute Science Source pp 5 11 Encyclopaedia Britannica Inc p 7 Christopher Corr Ikon Images Getty Images p 10 Cultura RM Exclusive Philip Lee Harvey Getty Images pp 14-15 Stockbyte Thinkstock p 16 Robert Harding Picture Library p 19 Andrey Plotnikov Fotolia Encyclopaedia Britannica p 21 30 40 Bloomberg Getty Images p 22 Pav Jordan Reuters Newscom p 26 Jo Kearney Corbis Documentary Getty Images p 27 John Seaton Callahan Moment Getty Images p 28-29 Joe Raedle Hulton Archive Getty Images p 33 Grant Ordelheide Getty Images pp 34-35 Venturelli Luca Shutterstock com p 36 The Asahi Shimbun Getty Images p 41 cokada E Getty Images p 43 Robert Daemmrich Photography Inc Sygma Getty Images back cover By Filipe Frazao Shutterstock com
INTRODUCTION CHAPTER ONE AGRICULTURE FISHING AND FORESTRY CHAPTER TWO NATURAL RESOURCES CHAPTER THREE MANUFACTURED GOODS CHAPTER FOUR TOURISM AND SERVICES CHAPTER FIVE ECONOMIC FUTURE GLOSSARY FOR FURTHER READING INDEX 4 9 18 25 32 39 45 46 47 CONTENTS
INTRODUCTION T he region of Latin America covers all the Americas south of the US border Mexico Central America South America and the West Indies about 15 percent of the earth Its diverse land includes rain forest desert and savanna The largest countries in Latin America by area are Brazil Argentina Mexico Peru Colombia Bolivia Venezuela and Chile Historically their economies have traditionally been driven by the production of commodities such as oil silver and corn In more recent years growth in services and manu facturing have played a larger part in their markets overall From the late fifteenth through the eighteenth cen turies Portugal and Spain controlled most of mainland Latin America Spain the Netherlands Britain and France controlled various Caribbean islands In the early nine teenth century independence movements swept through most of Latin America Today most Latin American countries are indepen dent nations although some West Indian islands remain part of European nations A Spanish map from the sixteenth century shows the region that is modern-day Mexico Most of Latin America was ruled by Spain or Portugal 4
INTRODUCTION Latin America stretches from Mexico in the north to the tip of South America including all of the countries that make up Central America South America and the West Indies 5