The major foreign power exercising economic influence over Latin America in the early decades of the 19th century was

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Britain was the major foreign power exercising economic influence over Latin America in the early decades of the 19th century. Britain had significant trading relationships with Latin America, particularly in the areas of agriculture (coffee, sugar, and cotton) and mining. British banks also supplied loans to Latin American countries to finance infrastructure projects and other economic activities. Additionally, Britain used its naval power to enforce trade policies in the region, and British gunboats were often used to compel Latin American countries to pay their debts to British banks.

The Major Foreign Power Exercising Economic Influence Over Latin America