Industrialization after depression in Latin America During the first century after independence, all Republics in Latin America followed export-oriented growth economic policy based on primary commodity exports. The huge economic crisis of the 1930s had great and widespread impacts in Latin America; under the driving force of the global recession, Latin American countries reassessed this exogenous economic growth model, I was forced to change its economic policy over the long term Please ignore the diversification of the economy, especially the direction towards endogenous industrialization models.
The Latin American economy is investing heavily in America. The Great Depression destroyed it badly. Latin America is the world's largest exporter of products. We developed the economy through investment in the United Kingdom and the United States. As a result, the export industry was immediately affected seriously. The role of New Deal in the United States has built the foundation for improving the life in Latin America.
Industrialization after depression in Latin America During the first century after independence, all Republics in Latin America followed export-oriented growth economic policy based on primary commodity exports. The huge economic crisis of the 1930s had great and widespread impacts in Latin America; under the driving force of the global recession, Latin American countries reassessed this exogenous economic growth model, Please ignore the diversification of the economy that changes its economic policy over time, especially the direction towards endogenous industrialization models.
Since the beginning of the 20th century, Sao Paulo has become the major economic center of Latin America. Coffee exports (from other parts of the state) were seriously affected during World War II and the Great Depression. As a result, wealthy coffee farmers invest in industrial activities, and Sao Paulo became the center of Brazil's largest industry. The main language is Portuguese. The general language of GeneralSão Paulo or Tupi Austral (Southern Tupi) is the current trading language of Tupi's Sao Paulo, Sao Paulo, Upper Teleti. It was widely used in Sao Paulo in the 17th century and spread to neighboring areas of Brazil. Following the order of Marquis of Pombal from 1750, Portuguese language was introduced through immigration control and therefore taught school children. The original Tupi Australians then lost Portuguese and eventually went extinct.