Latin American Export and Economy in the 20th Century

Overall, the economy of the countries of Latin America was definitely growing and prospering in the 20th century. There was a great export boom in Latin America that helped to support the growing economy and allowed the railroad system to become more built up. With the increasing status of the economy, the government was forced to step in and make and enforce laws, as well as collect taxes. With the increasing amount of government participation, some people benefited while others were hurt. Some people would rather have the economy just rely on the market. If the market is good for something, then they will try to make or sell that item. However, with a growing economy, it is hard to have a completely free market system. There needs to be some rules and regulations. The United States has a free market system, but yet we still rely on our laws and regulations. The best economy will have the best of both worlds. They will have the free market system allowing the market to decide, as well as rules and regulations in place in order to back up their economy.