Chapter 9 Latin America Shock therapy in economics • Economic shift from a government-dominated economy to a market economy. What are the policies? • Privatize state owned businesses • Eliminated Price Controls • “Liberalize” Trade to introduce competitive pricing into the economy (Remove Tariff Barriers) • Privatization from 500 to 25 business from 1973 to 1980 • Drastic Budget Reductions • Radical restricting of the public sector and reduction in its spending
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A bora ring is a sacred site for indigenous Australians where initiation ceremonies for indigenous males were held. In her poem "Bora Ring"‚ Judith Wright mourns the loss in contemporary Australian society of the culture and traditions of indigenous Australians. She begins with descriptions of Aboriginal culture that has vanished as a result of European settlement. At the end of the poem‚ Wright recognizes the destruction wreaked upon indigenous Australians by their white brothers and shows remorse
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The readings of week three described the economic issues and the rise of the different powers in Latin America. The Authors Bakewell and Escosura both wrote about the shifts in power from the Europeans to the independence of Latin America. Everything starting with the Bolivar movement‚ when Simon Bolivar wanted to free his country of the Spanish control in Venezuela. These movements showed that the Latin American people had enough of the European control in their land. They wanted to have their own
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Progress in late 19th century Latin America “To develop to a higher‚ better‚ or more advanced stage” is how progress is defined in the Merriam-Webster dictionary. During the late 19th century‚ Latin America‚ in particular‚ was striving to do just what this definition states. From copying other countries ideas to living more luxurious lives‚ the majority of Latin America was ready to progress and thrive as a whole. However‚ in opposition‚ a number of people resisted progress because they were
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Latin American airline industry TAM Airlines is the largest airline in Latin America in terms of number of annual passengers flown.[16]Along the first countries to have regular airlines in Latin America were Colombia with Avianca‚ Chile with LAN Chile (today LAN Airlines)‚ Dominican Republic with Air Dominicana‚ Mexico with Mexicana de Aviación‚ Brazil with Varig‚ and TACA as a brand of several airlines of Central American countries (Honduras‚ El Salvador‚ Costa Rica‚ Guatemala and Nicaragua)
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The shift of many Latin American nations away from liberal economic and political models‚ as well as away from European ideals began with changes in Latin American nationalism and culture and ended in economics. In the beginning of the 20th century many Latin American nations had cultural movements that were challenging the old ideas about racist positivism. In Mexico‚ there was a significant break with the old Diaz regime that created efforts to present the indigenous past as something to be proud
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BRON B. INGOLDSBY in his article "The Latin American Family: Familism Vs. Machismo." Discuss about two conceptual ideas of the Latin American family: Familism‚ where family needs are placed ahead of individual development; and machismo‚ Machismo centers around sexual exploitation and aggression and could be considered against the family. The causes for macho behavior are digged‚ and an attempt to theorize these two approaches to which family life is made. In the given article the author’s aim is
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colonies since the American Revolution‚ and so‚ the Latin American wars were vicious and were sparked by ideas of independence. Thanks to Napoleon’s invasion of Spain‚ the rebels in Latin America had the perfect excuse to declare their independence. However‚ even though the independence movements happened at a relatively close time from one another‚ they were not necessarily link together‚ since they have their own heroes and history. We can separate the Latin American wars into three fronts: Mexican independence
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A Latin American Empire (Page 384 -387) Leaders of the United States started realizing that their country’s security depends on the security of Latin America. (due to strong links with their southern neighbors) Most Latin American colonies were independent by the early 1800’s but were still not secure. They feared that European countries would try to re-conquer the new republics. The US feared this too; Monroe Doctrine: (President James Monroe- 1823) The document stated that "the American
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During the 1800’s US and other colonies from Europe wanted Latin America to become a source of materials‚ and to become a market for goods. The US and Europe nations started to build mines‚ railroads‚ and bridges. The US and other nations began working together while both using the Monroe Doctrine. The Monroe Doctrine is an principle of the US policy‚ but then the governments of Latin America started to think that the US was going to use the Monroe Doctrine to defeat all of Western Hemisphere
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