Question

Define the following with reference to latin american economic development

#4 only please

2. Commodity Lottery 3. Define and compare: hacienda and plantation • 4. Define and compare: encomienda and mita. 5 Bulmer-Thomas, in chapter 2, describes two great advantages that independence offered the

Answer 1

Sol :

During the 1500s, Spain efficiently vanquished areas of North, Central and South America and also the Caribbean. With local governments, for example, the Inca Empire in ruins, the Spanish conquistadors expected to figure out how to administer their new
subjects.

The encomienda system was set up in a few regions, in particular in Peru. Under the
encomienda framework, eminent Spaniards were endowed with local people. In return for local labor and tribute, the Spanish master would give security and education.In actuality, in any case, the encomienda system was a form of slavery.

Another system the Spanish rulers supported for labor was the mita system, the mita system was a system built up by the Inca Empire so as to develop structures or make streets all through the domain in the ancient Peru. It was later changed into a coercive labor system when the Spanish vanquished the Inca Empire in latin america. The Spanish utilized this system to get free labor from the indigenous locals as a sort of tribute. The indigenous locals would give farming or agricultural labor or work in textile factories, however the most well-known type of labor was working in the mines. They would need to work in the mines at regular intervals of seven years, however as time went on it turned out to be increasingly frequent because of the risky states of the mines. This likewise added to the declining populace of indigenous
individuals.