The basis of Latin American wealth, social prestige, and power throughout the nineteenth century was:

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Land was the basis of Latin American wealth, social prestige, and power throughout the nineteenth century. The region was rich in natural resources and had vast areas of land suitable for agricultural cultivation. The ownership of land gave power and status to individuals and families, and it was the primary source of income and wealth. The end of the colonial era brought opportunities for land ownership and exploitation to new groups of people, including indigenous peoples and immigrants. The value of land was also tied to political power, as many politicians and elites were landlords themselves, and their interests were often connected to the land they owned.

The Basis of Latin American Wealth, Social Prestige, and Power