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Margin question #9 pg. 848. By: Victoria Babicheva & Thomas Bui. The question. In what ways and with what impact was Latin America linked to the global economy of the nineteenth century?. Steamships Travel twice as fast and convenient by sea Underwater telegraphs
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Margin question #9 pg. 848 By: Victoria Babicheva & Thomas Bui
The question In what ways and with what impact was Latin America linked to the global economy of the nineteenth century?
Steamships • Travel twice as fast and convenient by sea • Underwater telegraphs • Brought the latest news and fashions of Europe • Railroads • Argentina statistically more railroad per person than the US Travel
Export boom ~ Constant demand for food products, raw materials, and markets ~ In 1850 value of Latin American goods increased value by a factor of ten
Raw Materials • Mexico produced large amounts of silver, supplying over half of the world’s supply • Chile produced copper, required by the growing electrical industry • Rubber from the Amazon rain forest were needed for automobiles • sisal from Mexico were used to make binder twine for the proliferating mechanical harvesters of North America
Valuable imports • Came mostly from prospering countries
Thanks The End