Overview 🔍
- Cold War's early events and their effects on Latin America
- President Truman's containment policy and its impact on Latin America
- Cold War's influence on inter-American relations
- The effects on Latin American societies and cultures
Latin America Pre-Cold War Era 🌶🌍
- European Influence in 18th and 19th Centuries
- Powerhouses: Great Britain 🇬🇧 and Spain 🇪🇸
- Main roles: Political and economic dominance
- Real World Example: Think of how a popular kid in school can influence everyone else's choices in fashion or music!
- Growing US Influence in 20th Century 🇺🇸
- As Europe got busy with WWI, the U.S. swooped in for stronger ties
- Trade boost with Latin America
- Investment Opportunities: Mines in Peru 🇵🇪 and Chile 🇨🇱, oil in Mexico 🇲🇽, agrarian projects in Cuba 🇨🇺 and Guatemala 🇬🇹.
- Imagine if a popular cafe in your town closed for a month. A smaller cafe might then become everyone's new favorite spot!
- Import Substitution Industrialization (ISI) 🏭
- Goals: Modernize and diversify national economies, reduce vulnerability to global economic downturns.
- Increase self-sufficiency by developing home industries.
- Think of it like making your own sandwich at home instead of buying it. You have control over the ingredients and save money!
- Social and Political Changes 🌆
- New social classes: industrial bourgeoisie and urban working class (the city folk!)
- Politics shaken up: New parties formed by these new social classes wanted more say!
- Populist leaders (Eg. Perón in Argentina 🇦🇷) gained power and were against foreign interests and traditional elites.
- Imagine if students in a school started their own student council because they felt the original council wasn't representing them well.
- WWII and Latin America 🌎🔥
- US assistance 💰 to Latin America to produce war materials.
- Latin America: Vital supplier of raw materials (since they weren't directly hit by the war)
- Industries such as textiles boomed due to lack of competition.
- Imagine if most lemonade stands in a town were closed. The remaining few would get a lot more customers!
- Diplomatic Ties during WWII 🤝
- Varied reactions to the US's war entry
- Brazil 🇧🇷: "Here, have our naval bases and troops!"
- Argentina 🇦🇷: "Nah, we're staying neutral."
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