WVU GEOG 102 - The effects of Colonialism in Middle and South America (3 pages)

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The effects of Colonialism in Middle and South America



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The effects of Colonialism in Middle and South America

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The effects of Colonialism on Middle and South America


Lecture number:
6
Pages:
3
Type:
Lecture Note
School:
West Virginia University
Course:
Geog 102 - World Regions

Unformatted text preview:

GEOG 102 1nd Edition Lecture 6 Outline of Last Lecture I Middle and South America Physical Patterns A Landforms B Climate II Human Environment Interactions Outline of Current Lecture III Middle and South America A Colonialism and its legacies B Phases of economic development C Curse of the Inca Gold Current Lecture Treaty of Tordesilla of 1494 Divide Middle and South America at approximately 46 degrees West longitude Spain West Portugal East Human Patterns Over time The legacy of underdevelopment 30 poverty rates small elite class o 19th Century anti colonial revolts replaced far away elites with local ones These notes represent a detailed interpretation of the professor s lecture GradeBuddy is best used as a supplement to your own notes not as a substitute Economies export oriented Environmental destruction a major concern Phases of Economic Development Early extractive phase European conquest early 20th century Mercantilism No stable local economies so the flow of raw materials went to Europe and beyond paid low wages and in consequence people invested into outside businesses Import substitution and Industrialization phase ISI Goals o Keep money and resources wothin the region o Foster economic self sufficiency Encouraged local production tariffs on imports and government industry Structural adjustments and marketization phase Privatization selling government owned industry to private investors Marketization development of free market economy free trade Globalization increase in interregional connections Export processing zones AKA free trade zones o Assembly for foreign exports o Maquilladoras o Assembly of factories on the US and Mexico border End to Colonialism Western ownership of extractive industries Neocolonialism efforts to control economic and political affairs in other countries



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