During the second half of the nineteenth century, the economies of Latin America:

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The economies of Latin America during the second half of the nineteenth century experienced wild fluctuations between boom and bust. They were heavily reliant on exports of commodities such as coffee, sugar, and rubber, which led to vulnerability to fluctuating prices in international markets. Additionally, foreign investors were hesitant to invest in Latin America due to political instability and perceived risks, resulting in a lack of sustained economic growth.

During the Second Half of the Nineteenth Century, the Economies