1. Latin America and the Great Depression

2. Causes Economies of Latin America after Independence Latifundias??
The Industrial Era
What is a commodity?
Foreign intervention in Latin American Economies
United Fruit Company and Banana Republics
Explain Latin America’s dual reliance on export-import trade.
Why was Latin America lacking in industry according to the reading?
How did WWI impact Latin American economies?
Let’s discuss price points in the late 1920s…what was the direction of Latin American economies at that point?

3. Jigsaw Read the section of the article given to your group.
Summarize the section and discuss its meaning with your group.
Write the main idea of the section on the board.

4. Comparing Causes of the Great Depression in the Americas
United States
Canada
All Three Regions
Latin America

5. Case Study #1: Brazil
Research the presidential race between Prestes and Vargas.
Why did Washington Luis want Prestes to succeed him instead of Vargas?
How did the public view Prestes?
How did the public view Vargas?
Can you locate information regarding voting percentages?
Was the election a landslide or not?
Read the journal article, “The Brazilian Revolution of 1930, Causes and Aftermath”

6. Case Study #1: Brazil
Research the conditions that allowed Vargas to stage a successful revolution.
What was the inspiration for the Revolution of 1930?
Genuine or a power grab?
How did Vargas stage the revolution?
What goals did Vargas hope to achieve as president of Brazil?

7. Case Study #1: Brazil Thoughts on the Vargas Profile? Estado Novo??
Any similarities to the New Deal? Why or why not?
What were the economic policies of Getulio Vargas?
ISI…
Effectiveness?

8. Case Study #1: Brazil
“If you were to ask me what is the program of the Estado Novo, I would tell you that its program is to crisscross the nation with railroads, highways, and airlines; to increase production; to provide for the laborer and to encourage agricultural credit; to expand exports; to prepare the armed forces so that they are always ready to face an eventuality; to organize public opinion so that there is, body and soul, one Brazilian thought.”
“The Estado Novo does not recognize the rights of the individual against the collective. Individuals do not have rights; they have duties. Rights belong to the collective!”

9. Case Study #2: Your Choice
What type of government did this country have in place during the Great Depression?
Was its economy dependent on one crop or was it diversified?
Did it have any industry?
Who were its main trading partners?
What sort of class structure did it have?
How hard was it hit by the Great Depression?
How did it get out of the Great Depression?

10. Case Study #2: Your Choice
Once your research is complete, compare your findings to what we have studied about Brazil.
Are there any general trends that appear to emerge from the information that can be extended to Latin America in general?
Is this country different from any other countries in the region of Latin America?
Create a thesis statement for a compare/contrast paper.

11. Case Study #3: Argentina
Economic Conditions Prior to 1929:
Pre-WWI incredibly strong due to beef and grain exports
Impact of WWI ending?
Diversified Economy:
What else did they produce?
What is YPF?
Impact on economy?
Stock Market Crash…
Are the impacts of 1929 any different in Argentina than Brazil? Why?

12. Putting It All Together
Using the information gathered from your individual Case Study and your notes on Brazil and Argentina, edit your Compare and Contrast thesis.
Read the article posted on my webpage and use the details from the following article on JSTOR
Import Substitution and Industrialization in Latin America: Experiences and Interpretations
Your new thesis should respond to the prompt: Evaluate the efficiency of the solutions to the Great Depression implemented by Latin American governments.