Economic Expansion and Liberalism

Economic expansion in Latin America, especially in the 19th and early 20th centuries, refers to periods of rapid growth where countries increased their production and trade, often driven by exports of natural resources. Liberalism, in this context, is an ideological movement advocating for individual rights, free markets, and limited government intervention. It influenced policies encouraging trade, investment, and entrepreneurship. Together, these concepts shaped modern Latin American economies, promoting industrialization and modernization while also creating social inequalities and sparking political conflicts over land and resources.