Why is North America (US + Canada + Mexico) ,.more economically developed than South American counties.. is it just because the is US culturally that different , I mean South Americans.are we’re originally influenced by Western Europe as well . Or is the some geographic or climatic difference that affected development?
In: 71
Wow. Misinformation here is through the roof.
I’ll eli5 as best as I can.
Most of NA was colonized by people that wanted to live there (occupational colonization) while Central and SA were colonized by people that wanted to extract the lands riches (explorational colonization) so most of the riches of those colonies got relocated (stolen) by the countries that colonized them (mostly Portugal,Spain, France and USA), as well as leaving most of those colonies in debt.
A few hundred years is not enough to recover from a financial blow that stripped away most of C-S Americas value and destroyed considerably their fauna and flora (another added cost to recover those damages) and the ever increasing interest does not help.
Edit: forgot to add spain and fixed typos
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