why did none of the latin countries in America succeed like the english ones?
In: Economics
Imagine two houses, in one of them, the original family was killed, but the new people move in, buy new furniture with their own money, and overall give the house good maintenance.
In the second house, the original family is kept as servants, the new owner sells everything inside the house, including ripping out the copper from the walks and the plumbing.
After a few years, the descendants of the first family are still living there, they have a big, nice house to live in, and were given an education and inherited money.
In the second house, the invaders were eventually driven off, but they threatened to come back and kill everyone if they weren’t paid rent, the children of the original family barely have walls, no education and are now in debt.
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