1. Latin America
Economic Geography

2. Agriculture
Subsistence Farming – small family owned farms with low production
Plantation Agriculture - Large farms that grow cash crops
People build terraced fields in mountainous areas

3. Terraced Fields
People build terraced fields in mountainous areas such as the Andes.

4. Cash Crops in Latin America
Tea
Coffee
Sugar
Cocoa

5. Latin America is the most unequal region in the world in terms of wealth inequality
Rich
Middle Class
Poor
U.S.
Latin America
Large Disparity

6. Deforestation People practice slash and burn farming in Latin America
They cut down trees and burn them to fertilize the soil
Rainforests are being destroyed for timber, ranching, and farming

7. Deforestation

8. Ranching Latin America has many cattle ranches
Cowboys in Argentina are called Gauchos
Gauchos work on the Pampas

9. Haciendas Haciendas were large land holdings in Latin America
Some haciendas could be farms, ranches, or mines
Haciendas were owned by wealthy landowners and poor people worked the land

10. Minerals Ecuador, Venezuela, and Mexico have oil
Ecuador and Venezuela are members of OPEC
Chile has large deposits of copper
Venezuela and Brazil have iron ore

11. Mining

12. NAFTA NAFTA – North American Free Trade Agreement
Members are United States, Canada, and Mexico
NAFTA is a trade agreement that abolishes tariffs between the three countries
USMCA: To take affect closer to 2020

13. Mexico City has severe air pollution