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Imperialism in Latin America 1869-1914. Unit 4, Chapter 27. Free-trade Imperialism. Economic dependence, but not political Mainly by the United States Extreme poverty Dependence on industrialized nations for manufactured goods Exported raw materials. Railroads.
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Imperialism in Latin America 1869-1914 Unit 4, Chapter 27
Free-trade Imperialism • Economic dependence, but not political • Mainly by the United States • Extreme poverty • Dependence on industrialized nations for manufactured goods • Exported raw materials
Railroads • Built to extract agricultural and mineral products • Connected to ports • Argentina had the best developed system because of the rich soil • 86% owned by the British • Similar to the situation in India & Ireland • Political elites in L.A. countries encouraged this as a rapid way to modernize
Europeans in L.A. After 1865 • They avoided territorial acquisition because • They were too consumed with Asia and Africa • L.A. governments already supported economic arrangements • L.A. people were capable of resisting invasion • U.S. claimed to defend the entire Western Hemisphere against Eastern invasion • Monroe Doctrine
Cuba • American businesses heavily invested in Cuban sugar & tobacco • Demanded U.S. help liberate Cuba from Spain to save business interests • 1898 – Maine killing Americans who blame Spain and told Spain to evacuate Cuba; they did • President declared war against Spain anyway — Spanish American War
Results of War • U.S. purchased Philippines from Spain • U.S. took Puerto Rico & Guam • Cuba became independent • Platt Amendment 1901 – U.S. has right to intervene to maintain order in Cuba • Essentially Cuba was occupied by U.S.
American Intervention • Sometimes L.A. states could not repay European loans who would then threaten to intervene • U.S. would send in marines enforce Monroe Doctrine • Dominican Republic – 1904-1907 • Nicaragua – 1912 • Honduras – 1912 • Haiti - 1915
Panama • Province of Colombia • French received charter to build canal across Panama • Financial scandals & yellow fever condemned construction • U.S. saw value of canal & 1903 supported Panamanian rebellion against Colombia • U.S. received right to finish the canal & occupy a 5-mile stretch – until 2000!