The New Colonialism - Beginning about 1870: European industrial revolution stimulates change in Latin American economies and politics o Latin American producers respond to growing demands and increase commodity output o New economic demands needed peace and continuity in government o Encouraged by increased stability, European capital flowed into Latin America and helped to create much needed facilities to expand and modernize production and trade o Gradual adoption of free trade policies helped to integrate Latin America into the world economy - The new economic system created new dep...

• Word Count: 1925
• Approx Pages: 8
• Grade Level: Undergraduate