The pattern of inefficient and localized production and marketing characteristic of haciendas is still present in Latin America today.

Question

Quizplus · Accepted Answer

Although there have been some changes and improvements in agricultural production and marketing in Latin America, the pattern of inefficient and localized production and marketing of haciendas is still present in some areas, particularly in rural and remote regions. Large landholdings, limited access to technology and financing, and uneven distribution of resources and infrastructure often hinder the development of a more modern and integrated agriculture sector in many Latin American countries.

The Pattern of Inefficient and Localized Production and Marketing Characteristic