Edited Invalid date
4 Latin America -- Part 13
By the 1990s, most Latin American Agricultural Production governments had changed their economic development strategies.
State-run industries and tariffs were used to mechanize agriculture and expand the range of crops.
Increased trade, through tough fiscal policy.
The lowlands saw their economies grow and poverty decline as a result of using soy for oil privatization and reducing government spending.
The economies of the region averaged an annual growth of 3.5 percent from 2009 to 2014, making Brazil the second largest soy producer in the world.
Between the late 1990s and 2010 Argentina's soy production tripled due to the unpopular policies of the time.
Much of the economic growth in the last few years is attributed to a boom in primary exports, driven by fields alarms many, as forests and savannas are eliminated, increased demand from China.
Growth rates have also declined due to the decrease in commodity prices.
Coffee is a big part of Latin America's connection to global trade.
Brazil has been the leader in coffee production for over a century.
Latin America has over 200 million peo of natural resources and is a major coffee consumer.
In the colonial period, silver, gold, and sugar were the second and third largest global producers.
The output of two Southeast Asian countries--Vietnam and booms to an expanding world market, including Indonesia--has surpassed that of Colombia over the past two decades.
Latin America accounts for 58 percent of the world's coffee production with ties such as bananas, coffee, cocoa, grains, tin, rubber, copper, and wool.
One of the legacies of this export-led Colombia and Mexico was a tendency to specialize in one or two major commodities, a pattern that continued into the 1950s.
Costa Rica earned 90 percent of its revenue from Europe, North America, and Japan.
In 1955, Brazil generated 60 percent of its export earnings from coffee, and in 2000 coffee Argentina generated 60 percent of its export earnings from coffee.
Brazil remained the world leader in coffee production despite less than 5 percent of the country's exports being from northern Mexico.
The agricultural sector in the state of Mato Grosso, Brazil, embodies the and dynamic.
Many corporate farms in South America are extremely productive and profitable because of the use of machinery and large-scale industrial agriculture.
The majority of the miners were not needed according to the measure, which was part of a broad-based austerity program.
The vast copper mines of northern Chile are producing record amounts of copper with few miners.
Gold mining is labor intensive and offers employment for thousands of prospectors.
In the region, logging is an important and controversial activity.
Many of the forest areas that were cleared for cattle were not systematically harvested.
All but the most valuable trees were burned.
Domestic and foreign timber companies are often awarded logging concessions.
These one-time arrangements are seen as a quick means for foreign exchange if prized hardwoods are found.
A local economy can benefit from logging.
Noted for its quality coffee, harvests in in certification programs to designate wood products that have declined in the last decade due to climate change and rural violence.
Consumer demand for certified wood is mostly in Europe.
In countries where a quarter or more of the pop whelms the impulse to conserve for future generations, failing to employ many rural people is a bad idea.
A few traditional Amerindian foods are gaining consumers.
The Solar de Uyuni is a salt flat.
There is a growing appetite for organic and healthy foods.
In order to promote traditional "Indian" foods, the President of Bolivia declared the year 2012 to be the "year of quinoa".
Many countries in the region rely on the mining of silver, zinc, copper, iron, bauxite, and gold.
The United States is the third largest producer of copper, but it is not the leader in production.
In 2015, Mexico and Peru were the top silver producers.
Mexico was the top gold producer in Latin America in 2015.
There is interest in lithium.
The metal used to make batteries is soft and white.
It is used in electric car batteries.
The world's largest reserves of lithium can be found under the Salar de Uyuni in the Altiplano.
These reserves are so large that they have been dubbed the Saudi Arabia of lithium.
Like agriculture, mining has become more mechanized.
The pressure on other forested areas is reduced by 50 for paper or fuel.
As the region's The Energy Sector energy sources have increased and diversified, there is less reliance on wood and more on natural gas.
Review flashcards and saved quizzes
Getting your flashcards
Privacy & Terms