Why is South America so unstable and poor?

I wouldn't be so broad in producing the blanket statement that South America is unstable and poor. You are talking about a group of countries, all with very different circumstances. It also depends on who you compare it with. read more

I wouldn't be so broad in producing the blanket statement that South America is unstable and poor. You are talking about a group of countries, all with very different circumstances. It also depends on who you compare it with. read more

This leads to the world market demanding the same amount of the product, but prices FALL dramatically with an increase of supply, so the country makes very little money with these products (which most of South America deals in, with the exception of Venezuela, a different case, who has the priveleged access to oil). read more