Chapter 12 Transformations Around the Globe

1. Chapter 12 Transformations Around the Globe 1800-1914

2. Section 3 Assessment • Rich got wealthy through land purchases; increased debt for poor. • Latin American trade greatly increased, but no industrialization • To ensure its own security • Caudillos protected upper-class privliges.

4. Discuss w/ your partner: • Who are the two people in this picture? • What is going on in this picture? • What is Uncle Sam already wearing? • What is he getting fitted to wear next?

5. Section 3US Economic Imperialism • Latin America After Independence • Political instability caused by: • Lack of experience w/ democracy • Caudillos who used their countries to grow wealthy • Upper class supported caudillos to keep power from lower class • Economies grow under foreign influence • Industrialization improved Latin American exports • Balance of trade favored West • LA countries spent most of the income they received from exports on imported West manufactured goods • Did not develop their own manufacturing industries • Borrowed $ to build roads, school, or hospitals • Led to West Economic Imperialism in LA Caudillos: military dictators in Latin America

6. US Latin American Empire • Monroe Doctrine discouraged Euro nations from establishing colonies in LA • Spanish-American War • Cuba wanted independence from Spain • Jose Marti: writer who led war for Cuba’s independence; killed while fighting • US wanted to protect its businesses in Cuba & did not like the Spanish brutality over the Cubans • US joins war and beats Spain • Spain lost control of Cuba, Puerto Rico, Guam, & Philippines • US becomes an imperial power in Latin America & the Pacific • Panama Canal • A shorter sea route was needed for shipping goods • Columbia controlled Panama • Pres Roosevelt offered $10 million to build canal • Columbia wanted more, US encouraged revolution in Panama • Panama gains independence and gives US rights to land for building canal

7. US Economic Imperialism