why didn't latin american nations develop an industrial base during the 19th century
Latin America
This newly gained British dominance hindered the development of Latin American industries and strengthened the dependence on the world trade network . Britain now replaced Spain as the region 's largest trading partner . Great Britain invested significant capital in Latin America in order to develop the area as a market for processed goods . From the early 1820s to 1850 , the post-independence economies of Latin American countries were lagging and stagnant . Eventually , enhanced trade among Britain and Latin America led to state development such as infrastructure improvements . These improvements included roads and railroads which grew the trades between countries and outside nations such as Great Britain . By 1870 , exports dramatically increased , attracting capital from abroad ( including Europe and USA ) . 
This newly gained British dominance hindered the development of Latin American industries and strengthened the dependence on the world trade network . Britain now replaced Spain as the region 's largest trading partner . Great Britain invested significant capital in Latin America in order to develop the area as a market for processed goods . From the early 1820s to 1850 , the post-independence economies of Latin American countries were lagging and stagnant . Eventually , enhanced trade among Britain and Latin America led to state development such as infrastructure improvements . These improvements included roads and railroads which grew the trades between countries and outside nations such as Great Britain . By 1870 , exports dramatically increased , attracting capital from abroad ( including Europe and USA ) .
The newly gained British dominance hindered the development of Latin American industries and strengthened the dependence on the world trade network.
From the early 1820s to 1850, the post-independence economies of Latin American countries were lagging and stagnant.
This newly gained British dominance hindered the development of Latin American industries and strengthened the dependence on the world trade network . From the early 1820s to 1850 , the post-independence economies of Latin American countries were lagging and stagnant .