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Economic Development of Central America Econ. 4200 - Spring 2004 – Dr. Taylor - page 38 / 153

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#2 Colonial Reform, Political Independence, and the Liberal Experiment, 1700 to 1850

What fueled economic growth in the region from 1740-1790?

How did the Bourbon king coming to power in Spain affect Central America?

How did the expansion of the cotton textile industry in Europe affect Central America? And which country was most affected by this?

How did this affect the financial markets in Central America?

What was the view of locally produced goods by the Spaniards?

Why did the Spanish crown’s influence decline so sharply from 1790 to 1810?

Explain the following statement: “Spanish American independence was the project of those doing the subjugating and colonizing, not by the subjugated and colonized.”

Why did the criollos fight the wars of independence between 1815 and 1824?

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