Neo-Colonialism In Latin America Essay - 1210 Words

In the 50 years after gaining independence, European influence played an essential role in the growth of Latin America. Latin American elites managed to open free-trade among other countries such as the United States and Great Britain. This influx of trade expedited the Industrial Revolution allowing South America to trade with other countries more efficiently, thus, marking the start of Neo-Colonialism. Neo-Colonialism is defined as â€Å"the economic and political policies by which a great power indirectly maintains its influence over other areas or people† (Merriam-Webster). In the essay â€Å"Born in Blood Fire† written by John Charles Chasteen, he describes how Europe managed to greatly influence the economy and political growth allowing†¦show more content†¦With the increase in industrialization, particularly rail roads and steam boats, Latin America could efficiently export more goods. The installation of railroads and increased trade stabilized the eco nomy of many countries. As long as Europe and the United States required raw materials, the economy would continue to grow. With the economy growing, political stability followed. This is demonstrated in Chasteen’s essay â€Å"Governance did become more orderly. As the profits of the export boom rose, government revenues from import/export taxes rose too†¦Higher government revenues afforded middle-class people new employment opportunities†¦Greater stability and prosperity attracted further investment from aboard intensifying trade, and the cycle repeated itself† (Chasteen, 207). As more money flowed into the continent, the more the government improved. Using the available revenue from the export boom, local governments could afford better equipment and put down rebellions with less casualties. The government was better able to provide more individuals with employment opportunities, thus stabilizing the politics in the Spanish Americas. Latin Americas desire t o emulate European culture and race caused many hardships for people of color. Even before Latin America gained its independence, Natives and Africans were treated as inferior. During the neo-colonial period, the elites made it a point to imitate European culture and anyShow MoreRelatedCia Intervention During The Soviet Union1305 Words   |  6 Pagesof colonialism and neo-imperialism they had experienced. Because of all these overarching fears the United States feared a worldwide communism spread which threatened American ideals and values. This led to a proxy war in Nicaragua and many other Latin American and Asian countries. The United States had many interventions in Latin America which created a pattern because of the involvement including political upheaval, economic chaos, violence, and poverty. American interests in Latin America extendRead MoreThe History Of Western Imperialism1129 Words   |  5 PagesEmpires. 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