8. ARGENTINA ARGENTINA The result is that Latin America is much more supportive of the USA in the next global conflict. Within two months of Pearl Harbor eighteen of the twenty republics have either declared war on the Axis nations or have severed diplomatic relations . Only Argentina , with a fascist regime of it’s own in power, delays declaration of war until last possible moment in 1945. ARGENTINA
9.
10. CHILE has the highest Gross national income per capita in South America and the second highest in Latin America. The nation is considered an emerging market and has a high level of human development. It is a standing middle power and is the largest world producer of copper. C H I L E
11. Mexico is the 12th largest economy in the world by gross domestic product (GDP) by purchasing power parity. The economy is strongly linked to those of its North American Free Trade Agreement (NAFTA) partners. Elections held in July 2000 marked the first time that an opposition party won the presidency from the Institutional Revolutionary Party ( Partido Revolucionario Institucional : PRI) which had held it since 1929, culminating the political alternation at the federal level, which had begun at the local level during the 1980s.
12. KEY EVENTS 1920 UNITED STATES BECOMES THE MAIN INVESTOR IN LATIN AMERICA THE UNITED STATES BEGAN TO REPLACE GREAT BRITAIN AS THE TOP INVESTOR IN LATIN AMERICA. 1930 LATIN AMERICA EXPORTS DECREASE BY 50% SINCE THE 1920’S TO THIS YEAR POLITICAL INSTABILITY AND ECONOMIC CRISES IN MANY LATIN AMERICA COUNTRIES EVENTUALLY LED TO MILITARY DICTATORSHIPS. 1938 GETULIO VARGAS ESTABLISHES HIS NEW STATE AN AUTHORIZATION STATE LIKE FEATURE POLITICAL PARTIES WERE OUT LAWED AND CIVIL RIGHTS RESTRICTED 1943 YEARS LATER ONE G.O.U MEMBER JUAN PERON WAS ELECTED PRESIDENT OF AGREEMENT
13. VOCABULARY OLIGARCHY The rule of the few a form of government in which a small group of people exercise control. STIMULATE TO motivate activity or growth. MAINTAIN To sustain against opposition or DANGER ; uphold and defend.
