Latin America
ICSE · Class 12 · History
Quick revision notes for Latin America — ICSE Class 12 History. Key concepts, formulas, and definitions for last-minute revision.
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1. Latin America: Region and Early Problems
- Latin America consists of South America, Central America including Mexico, and Caribbean islands such as Cuba, Jamaica and Hispaniola, which is divided into Haiti and the Dominican Republic.
- Brazil gained independence from Portugal, while most other Latin American states gained independence from Spain, in the early nineteenth century.
- Most countries shared weak industrial and agricultural development, poverty, illiteracy, and unstable political systems.
2. US Domination and Cold War Intervention
- After the Second World War, the USA exercised huge economic, political and military influence across Latin America.
- The USA feared communist expansion in the Western hemisphere and repeatedly intervened against governments it considered suspect.
- US interventions to remove suspect governments took place in Guatemala (1954), Cuba (1962), Brazil (1964), the Dominican Republic (1965), Chile (1970-3), Nicaragua from 1979, Panama (1989), and Haiti
3. Brazil: From Vargas to Rousseff
- Brazil's political and economic history shows the shift from military control to civilian democracy and then to left-wing reform.
- Getulio Vargas replaced the conservative landowner government in 1930 and encouraged industry.
- Vargas acted as a dictator from 1937, was forced to resign in 1945, was re-elected in 1950, and committed suicide in 1954 amid corruption accusations.
4. Venezuela: From Oil Wealth to Chávez
- Venezuela was wealthy because of oil, but until 1945 most profits went to foreign companies or a small domestic elite.
- Rómulo Betancourt introduced reforms, raised Venezuela's share of oil revenues to 60%, and tried to widen civil rights.
- In 1976 President Carlos Andrés Pérez nationalized part of the oil industry and created PdVSA.
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