Newly independent nations in Latin America relied on goods and services from the US and Europe because Latin American economies still were based on agriculture.
What are goods?
Items, raw materials, and finished products that are tangible can all be considered goods. All movable goods are offered to a specific customer.
Latin America relied on goods and services from the United States and Europe because their economies were based on agriculture for survival. They do not have development at large scale and have limited resources.
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