Argentina: From Economic Prosperity to Political Upheaval (Late 19th - Early 20th Century)
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Argentina
Economic Growth (Late 19th - Early 20th Century)
Argentina's economic growth during this period hinged on three factors:
- A booming European market for Argentine products
- An influx of immigrants providing cheap labor
- Significant foreign investment capital
Both rich and poor relied on the export economy, though its benefits were unevenly distributed. Notably, male employers favored women workers, perceiving them as cheaper, more reliable, efficient, and docile than their male counterparts. Despite Argentina's vast land being its greatest asset, ownership was concentrated in the hands of a few.
Society
Argentine society was stratified into three classes:
- Upper Class: Held a monopoly on land ownership and political control.
- Middle Class: Dominated