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Latin America Market Research
Latin America Market Research ( LATAM )– Latin America is a group of countries with a focus on the Western Hemisphere, which is widely spoken in such languages as Spanish, Portuguese, and French. Some underground regions such as Quebec and parts of the United States where Romance languages are widely spoken are rarely included because all countries are part of Anglo America (with the exception of Puerto Rico, which is almost always incorporated with the definition of Latin America even though it is American). The term is broader than categories such as Hispanic America, which refers to Spanish and Ibero-American countries and to both Spanish and Portuguese. This name has also recently appeared.
The term “Latin America” was first used at the 1856 conference entitled “Initiative of America. The Vision of the Federal Congress of the Republics” (Iniciativa de la América. Idea de un Congreso Federal de las Repúblicas), by Chilean politician Francisco Bilbao. The name was also popularized by the government of French Emperor Napoleon III in the 1860s as Amérique latine to justify the involvement of French troops in Mexico and attempts to include French-speaking territories in the Americas such as France Canada, French Louisiana, or French Guiana, in large Spanish-Portuguese colonies.
Including French-speaking areas, Latin America would have 20 countries and 14 dependent areas covering the area from Mexico to Tierra del Fuego and covering much of the Caribbean. It has an area of approximately 19,197,000 km2 (7,412,000 sq mi), about 13% of the world’s land area. As of March 2, 2020, the population of Latin America and the Caribbean was estimated at more than 652 million, and in 2019, Latin America had a combined GDP of US $ 5,188,250 million and a GDP PPP of 10,284,588 million -USD.
Latin American culture is a blend of many cultural expressions around the world. Indigenous customs of the people who lived on the continent before the European colony. Ancient and modern civilizations developed their own political, social, and religious systems. The Maya, the Aztecs, and the Incas are examples of this. Indigenous values in music, dance, food, arts and crafts, clothing, folk culture, and strong Latin American culture. Language effects in Spanish and Portuguese are also recorded, such as names like pampa, taco, tamale, cacique.
Vendors have been active and important in the presence of the overall complexity. But as members of a remote network that required high local travel, they were initially not part of the local community. Once the wealth of the interior became clear, Sevilla’s firms began to dominate the export trade – exchanging American metals for European fabric, iron, manufactured, and other commodities. Representatives in American ports and capitals were minor partners in transatlantic firms and at the time were expected to move forward; that’s why they don’t get married or buy a place in the area. The purpose was to return the silver to Sevilla to pay off debts and to repay the sale. Second-class vendors, however, without direct contact with Sevilla, had more opportunities to develop local roots.
The mining industry dominated the Spanish economy and was very important to it, yet in many ways, it differed. It used only a small number of Spaniards. Mining structures often strayed from the main centers of the indigenous population and therefore to the connections of Spanish cities. Revenue was fast, either through sites, mining businesses, or people.
Gold mining was often the subject of exploration; a group of Indians, joined perhaps by some blacks and led by one or two Spanish miners, can only stay for days or weeks in a particular river area. The en Colombo, not himself physically involved, is likely to fund and take most of the profits. In many regions gold mining was for a season when the miners did not have special training or full commitment to the industry.
Latin America Market Research – 1+1 Research ( 1Plus1 Research ) is one of the top market research company in Latin America providing quantitative and qualitative research services. We are committed to providing high-quality data collection, opinion mining, and sentiment analysis to companies worldwide. Our Latin America Market Research team can recruit difficult to reach audiences from different geographies, cultures, and business sectors to get insights required at different stages of product development and product life cycle.
