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Economic Consequences of Independence
Collapse of mining/plantation economies, destruction from wars, loss of capitalist industry, huge debt, lack of credit, no banking systems, and reliance on unfavorable foreign trade.
Political Consequences of Independence
Rise of caudillos, political fragmentation, rivalry between federalists and centralists, and conflicts between liberals and conservatives.
Caudillo
A strongman with military, political, and economic power who dominated politics after independence.
Federalists
Supported small central government and strong provincial/state power.
Centralists
Favored a strong centralized national government.
Liberals (19th century)
Advocated small government, individual rights, and free trade.
Conservatives (19th century)
Favored strong government, collective rights, Catholic Church influence, and monopolies.
U.S.-Mexico War
War over Texas and border disputes; U.S. victory resulted in Mexico ceding vast territory in 1848.
Treaty of Guadalupe-Hidalgo
Treaty ending the U.S.-Mexico War and defining territorial boundaries.
War of the Triple Alliance
Paraguay vs. Brazil, Argentina, and Uruguay; Paraguay devastated with huge population loss.
War of the Pacific
Chile vs. Peru and Bolivia over nitrate-rich Atacama territory; Chile victorious.
Liberal Republic
Modernizing state focused on progress, export growth, and liberal political ideas.
Oligarchy
A small ruling elite who dominate political and economic life.
Export-Oriented Economy
System structured around producing goods for foreign markets rather than domestic use.
Neocolonialism
Informal domination of independent countries through economic pressure and foreign influence.
United Fruit Company
U.S. banana corporation dominating land, transportation, and politics in Central America.
USS Maine
U.S. ship that exploded in Havana harbor in 1898, sparking Spanish-American War.
Spanish-American War
Conflict that resulted in U.S. occupation/control of Cuba, Puerto Rico, Guam, and the Philippines.
Foraker Act
Established civilian U.S. government in Puerto Rico in 1900.
Jones Act
Granted U.S. citizenship to Puerto Ricans in 1917 and created a Senate.
Populism
Movement centered on "the people" vs. "the elite," nationalism, strong leaders, ISI, and mass politics.
ISI (Import Substitution Industrialization)
Strategy to reduce dependency by encouraging domestic industrial production.
Mexican Revolution (stages)
Uprisings (1910), reforms (1920s-30s), Cárdenas' populism and nationalizations.
Estado Novo
Vargas' nationalist, authoritarian regime in Brazil (1930-45).
Juan Domingo Perón
Argentine populist president who expanded labor rights and state intervention.
Eva Perón
Influential Argentine political figure who mobilized workers and women.
Jorge Eliécer Gaitán
Colombian populist leader assassinated in 1948; his death triggered political violence.
Víctor Raúl Haya de la Torre
Peruvian founder of APRA; major leftist/populist figure.
Cold War (Latin America)
Period of U.S. anti-communist intervention, coups, violence, and suppression of democracy.
26th of July Movement
Castro's guerrilla group that overthrew Batista in Cuba.
Bay of Pigs
Failed 1961 CIA-backed invasion of Cuba.
Cuban Missile Crisis
1962 confrontation over Soviet missiles in Cuba.
Guatemalan Revolution
1944-54 reform period overturned by a U.S.-backed coup against Árbenz.
Jacobo Árbenz
Democratically elected reformer whose agrarian program provoked U.S. intervention.
Carlos Castillo Armas
U.S.-installed dictator after the 1954 coup in Guatemala.
FSLN
Nicaraguan revolutionary movement that overthrew Somoza in 1979.
FMLN
Salvadoran leftist coalition fighting dictatorship; became a political party after 1992.
Dirty War (Argentina)
State-run campaign of torture, disappearances, and terror against civilians.
Somoza Dynasty
Family dictatorship controlling Nicaragua from 1936-1979.
Oscar Romero
Salvadoran archbishop assassinated in 1980; symbol of resistance.
Neoliberalism
Economic model promoting free markets, privatization, deregulation, and reduced state role.
Shock Doctrine
Use of crises to impose rapid neoliberal reforms.
Austerity
Cuts to government spending to reduce deficits.
Privatization
Selling state enterprises to private companies.
NAFTA
1994 free-trade agreement between the U.S., Mexico, and Canada.
Maquiladora
Factory zone producing low-wage, export-oriented goods, usually near borders.
EZLN
Zapatista movement in Chiapas opposing neoliberal reforms and NAFTA.
Neopopulism
Populist political leadership combined with neoliberal economic strategies.
Pink Tide
Wave of left-leaning governments in Latin America (1999-2014) focusing on social programs.
Hugo Chávez
Venezuelan president promoting socialism, welfare expansion, and increased oil nationalism.