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Latin America's Economic Globalization in the 19th Century

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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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