APFIVE Latin American Export Boom in the 19th Century
Which factor best accounts for why Latin American exports boomed during the late nineteenth century despite the continent’s peripheral status in the world system?
A
Latin American countries specialized in cash-crop exports, filling the demand created by British Free Trade policies.
B
The end of slave labor systems freed the workforce, allowing an increase in agricultural and mining outputs to meet rising global demands.
C
Intercontinental telegraph networks facilitated real-time business communications, spawning investment influx and boosting export sectors.
D
Technological innovations in transportation, like steamships, opened new markets previously inaccessible due to cost-efficiency concerns.
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