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Chapter 10, Section 1: The Economy
Latin America Today Chapter 10, Section 1: The Economy
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Important Vocabulary Export: selling goods to other countries.
Campesino: rural farmers and workers. Latifundia: large agricultural estates owned by wealthy landowners or corporations. Minifundia: small plots of farming land. Cash Crop: crops produced in large amounts for selling and trading.
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Vocabulary (Cont’d) Developing Country: working towards greater manufacturing and technology use. Gross Domestic Product (GDP): the value of goods and services a country produced in a year. Service Industry: those that provide a service. Maquiladora: a factory. Free Trade Zone: areas of a country in which there are no trade restrictions.
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Agriculture Agriculture is main supply of income. Most is exported.
Uneven land distribution; inequality. Farming is mechanized. Physical geography: great cash crops. Cattle-raising for export.
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Industry Efforts for more manufacturing and industry.
Rising service and telecom industries. Tourism has been essential. Foreign investments.
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Transportation Many issues with road and railroad construction.
Pan-American, Trans-Andean, and Trans-Amazonian Highway. Well-developed railway systems. Waterways and air travel are very important.
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Communication & Trade Variety of communications.
Gov’t censorship during political unrest. Growing use of technology. NAFTA (1994) and DR-CAFTA (2005). Many Latin American nations have foreign debt.
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Chapter 10, Section 2: People and Environment
Latin America Today Chapter 10, Section 2: People and Environment
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Important Vocabulary Deforestation: the clearing of forests.
Sustainable Development: technological and economic growth without depleting human and natural resources. Slash-and-burn Farming: using ash from burnt plants and trees to soil the ground. Reforestation: planting of young trees or tree seeds. Shantytown: slums or makeshift communities.
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Managing Resources Reduced forests in the Amazon Basin.
Almost 20% of Amazon rainforest has been destroyed. Serious threats to ecosystem. Laws mandating reforestation and conservation.
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Human Impacts Rapid urbanization has strained natural resources.
The rise of shantytowns/slums. Increase of smog and smokestack pollution.
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Future Challenges There have been territorial conflicts over past 150 years. The region is vulnerable to natural disasters. Gov’ts are working together for better forecasting.
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