Why did the new latin american republics remains economically dependent after independence

1. External influence

2.Corruption

Explanation:

The new republics in latin america are partly controled externally especially from superpowers such as the U.S and Russia which makes the leaders somehow incompetent to focus on the need of the citizens since they listen to the powers from outside who also have their country's interest which must not be left out of the plans of the leaders in latin america.

In addition to external influence, there is a high level of corruption among leaders in latin america, and their selfish interest affects growth and development of the economy since they are mostly intersted in their own well being as well as that of their cronies and family.

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explanation:

nationalization is the set of dispositions and operations by means of which the state assumes, in varied form, the administration of private companies, of groups of companies or of the totality of certain economic sectors previously managed by individuals, such as the land portions. nationalization is the opposite of privatization. it is also called nationalization of the means of production, although a nationalized company can be previously both national and foreign ownership. nationalization or nationalization is a very characteristic action of ideologies such as socialism and nationalism.