Economic Imperialism

The United States put increasing economic and political pressure on Latin America in the 1800s.

With Spain no longer ruling the land of Latin America, the old trade laws were gone. The new countries could now trade with any nation. Britain and the United States became more active in Latin America. They were the chief trading partners. Soon businesses in these nations dominated their economies. Latin America is also the largest foreign supplier of oil to the United States and a strong partner of alternative supplies. The US a dominant influence in Latin America.