History of South America

What was the reason for instability and Latin America?

Political Instability

- Frequent military coups and changes in government

- Weak democratic institutions.

Economic Imbalances

- Unequal distribution of wealth and income.

- Heavy reliance on a few export commodities, vulnerability to price fluctuations;

- Large external debts.

Social Inequalities

- Poverty widespread social unrest - indigenous vs Spanish heritage population conflict.