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Latin America's Economic Globalization in the 19th Century

Discover the profound impact of Latin America on the global economy in the 19th century through steamships, underwater telegraphs, railroads, export booms, raw material production, and valuable imports.

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Latin America's Economic Globalization in the 19th Century

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  1. Margin question #9 pg. 848 By: Victoria Babicheva & Thomas Bui

  2. The question In what ways and with what impact was Latin America linked to the global economy of the nineteenth century?

  3. 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

  4. 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

  5. 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

  6. Valuable imports • Came mostly from prospering countries

  7. Thanks The End

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