Due to economic instability following their wars for independence and a lack of backing from the wealthy classes, Latin America took a long time to industrialise.
With the exception of Cuba and Puerto Rico, practically all of Spanish America achieved independence through armed conflict in the early nineteenth century. In the latter part of the nineteenth century, Brazil, which had split off from Portugal and became a monarchy, became a industrialise. The effects of the Agricultural Revolution are some of the factors that historians economic have recognised as contributing to the Industrial Revolution. There are undoubtedly many reasons. A portion is played by poor governance, inequality, informality, and insecurity.
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