Respuesta :

Answer:

Developments in the world economy soon brought Latin America a rude awakening.Domestic expenditures had to be cut back or financed through unsupported in three major countries

Explanation:

The home governments were replicated in the colonial governments. The extraction of precious metals for export was a significant component of the economy. Major cities were built as colonial authority outposts.

How was Latin America formed?

After the European "discovery" of the New World in the 1500s, Latin America came into being. The region was colonized by nations including Spain, France, and Portugal. Portugal and France had a significant impact on the region, even though Spain colonized the majority of Latin America.

Large tracts of land were destroyed, crops were ruined, and significant quantities of valuable goods were destroyed. Furthermore, even after wars were completed, armed conflict persisted in many nations. Numerous males continued to carry weapons, and crime sharply rose.

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