Latin america

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Title: Latin america

Essay Details:

Subject: American History

Author: Derek H

Date: October 13, 2015

Level: University

Grade: A

Length: 23 / 6631

Essay text:

Historical research has shown that the distance that separated the standard of living in the wealthy countries from that of the poor countries toward the middle of the nineteenth century was much smaller than the distance that separates them today. The gap has widened. In 1850 the per capita income in the industrialized countries was 50 per cent higher than in the underdeveloped countries. To have an idea of the progress that has been achieved in the DEVELOPMENT OF INEQUALITY, we have only to listen to President Richard Nixon: "...and I think about what this hemisphere, the new world, will be like at the end of this century...

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