What Is The Fall Of Argentina Essay

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Europeans arrived in Argentina in 1502. Spain established a permanent colony on Buenos Aires in 1580. Later on Argentina will become independent, but it will not come until July 9, 1816. From 1880 to 1930s Argentina was one of the top 10 wealthiest nations based on their agriculture. It wasn’t until 1986 that Argentina became a democracy, before that it was under military regime. During 1998 and 2002 Argentina had a major economic downfall. This is known as the Argentinean great depression. There were a couple of reasons: During the military regime the country went into debt for not finishing projects. Also, after democracy came back the new president try to stabilize the economy by creating a new currency, thus the country needed loans for this to happen. The debt eventually rose and the country had lost the confidence of the lenders. Argentina covers 1,073,518 sq mi, its highest point is Mount Aconcagua at 22,831 ft above sea level. Argentina also has a good climate diversity which varies from tropical to subpolar. The terrain : the plain pampas in the north, plateau in the Patagonia south, and the Andes in the west. Manufactoring is responsible for 19%GPD in Argentina. Leading manufacturing sectors are food processing, auto parts, beverages, steel aluminum, electronics. Wine is also another important sector, Argentina has been in the top 5 wine producing countries. Other goods that they produced worth mentioning are glass, tires, textiles, tobacco. Argentina is widely known for their beef, both consumption and production. Argentina is the world second biggest consumer of meat, with each person eating around 55kg a year. Cows were first brought by the Spanish conquistadors and have become the largest commodity in the country. ... ... middle of paper ... ...to be resistant to the company's own Roundup herbicide This means that farmers are utterly dependent on Monsanto; a situation similar as with the United States. The biggest adversaries of GM soybeans are environmentalist. For example, floods are happening because of soya farming in the region of Santa Fe and Chaco where the Salado River begins. The deforestation and the low permeability of the soil used in soya farming contributed to more channeling more water into the river. On the other side, people claim that GM crops are required to fight hunger in poor and developing countries. Evidence shows otherwise. GM crops have increased the use of pesticides while increasing poverty. Over 170,000 famers have had to quit on their lands because they couldn’t compete with big GM farmers, thus leading to more poverty. Also, herbicides have introduced new health problems.

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