HIST 1115 Lecture Notes - Lecture 14: Resource-Based Economy, Authoritarianism, Banana Wars
Document Summary
Latin america: regional distinctiveness no major wars or conflicts. Chaco war, 1932-1935, fighting over borders for oil, pereguay wins, only big war. Europe cannot come in for direct involvement. Wanted to keep labour costs low, slavery wasn"t abolished until 1888 based on monoculture, growing one single crop export driven, creates problem b/c non-diversified economy. Monoculture creates wealth inequality b/c all the money is going to the land owners draining nutrients, cutting down forests, etc. Catholic church very strong here, controls education. Caudillos dictators, support and are supported by wealthy plant owners. Racial and class hierarchy ethnicity tied to class status. European descendents at top series of mixed races, they were put into a separate class hierarchy descendants of african slaves were at the bottom of the class hierarchy. Underlying issue peasants want land reform dealing with corruption foreign economic involvement. Porfino diaz, r. 1884-1910 from modernizing to corruption.