U.S. Economic Imperialism

Savannah, Cole, Jhett, Will

U.S. Economic Imperialism

  • Most people were poor
  • A lot of people worked on farms where there landowners took advantage of them
  • Leaders rivaled one another for power
  • Dictators refused to give power to the mass of the poor
  • Military dictators usually held power with the backing of landowners

U.S. Economic Imperialism

  • old trade was gone when Spain no longer ruled the lands
  • The new countries could now trade with any nation
  • Britain and the United States became chief trading partners
  • Soon businesses in these nations dominated Latin American economies

U.S. Economic Imperialism

  • The economies of Latin America depended on exporting goods
  • Each country focused on producing and exporting 1 or 2 goods
  • The volume of exports rose rapidly
  • The coming of railroads and steamships helped

U.S. Economic Imperialism

  • They shipped goods such as coffee, beef, fruits, and vegetables.
  • Latin American countries often borrowed money to expand the facilities used to increase those exports
  • Latin America did not develop industries of its own
  • When they could not repay loans, lenders took control of the business
  • The people of Cuba were fighting for their independence from Spain