HST 296 Chapter Notes - Chapter 7.3: Juan Bosch, Chronic Inflation
Document Summary
Latin america was much better off than africa. They had political independence for more than a century. Treatment of native inhabitants was an issue in some places like peru(indians in. Peru were nearly half of the population in the 1940"s) Latin america was also seen as much more modernized than black africa. 41% of the population was classified as urban. By 1980"s this percent rose to 65. Larger measure of social organization and political participation. In 1960, over of the workforce was unionized. In 1959 only 4 of 20 sovereign republics were under military rule in latin america. Foreign investment was encouraged but tariffs were very high to protect industries. Latin america wanted to grow its" industrial sector as a way to grow its" economy overall. In brazil the gdp grew 8% each year between 1956-62. Neglected agriculture: feeding the growing population put severe strains on food production and transport. Economic dependence hadn"t been eliminated, only altered.
