What Was Latin America's Good Neighbor Policy

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In the early nineteenth century, Latin American countries started to make new reforms during the Great Depression. The Great Depression was during 1929-1939. It was the deepest and longest-lasting economic downturn in the history of the Western industrialized world. America’s Good Neighbor Policy protected Latin America from the USA controlling the businesses in Latin America in 1933. Once the U.S. left Latin America, its countries started to industrialized and become less dependent on other countries. By the 1930s, the liberal governments began to show failure. The middle class had forged alliances with elites and the military rather than expressing individual democratic beliefs as was done in the West. Although the Great Depression could …show more content…

President Roosevelt wanted to discuss the subject of peace and wanted people not to overlook issues beyond their own borders in the Good Neighbor Policy. The Good Neighbor Policy was a policy that enforced non-intervention in domestic affairs with Latin America. Instead, now Latin America was an ally. President Roosevelt said, “The U.S. closest neighbors are good neighbors. If there are remoter nations that wish America not good but ill, they know that America is strong; they know that America can and will defend itself and defend its neighborhood. The USA could then reciprocate exchanges with Latin America in the name of democracy, peace, and freedom. Another document that was previously implemented was the Monroe Doctrine. In 1823, the USA declared no European intervention in the Americas. British trade had flourished in Latin America, if Spain was able to reconquer Latin America, it would threaten the U.S. peace policy and the trade with the British would be disrupted. The U.S. decided to form a small alliance with Britain so they wouldn’t lose Latin America. Even though, the U.S. was against European imperialism coming to Latin America, the U.S. didn’t have military power that couldn’t enforce the Monroe Doctrine. That’s why the British Royal Navy was there to enforce the …show more content…

Latin America no longer had revenues necessary to buy manufactured goods from abroad. American businesses left Latin America during the Great Depression, leaving Latin America with no foreign manufactured goods to buy. Instead Latin America started developing new industries to produce manufactured goods, such as steel and oil. The creation of new industries was due to lack of manufactured goods from abroad. Then Latin America developed a new system of labor. Instead of the Encomienda, the new system of labor was the Haciendo. This relied on slave and immigrant labor to efficiently grow crops as exports, filling the void of foreign exports.
The rise of a new political reform took place before WWII. Corrupt leaders from society turned authoritarian stole all benefits of country. Many countries received independence and then govern their own country. Europe attempted to impose its democratic beliefs on Latin America but the corrupt oligarchies believed in the strict hierarchy. In the hierarchy, the leaders at the top don’t care about social and economic

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