198 i PERIOD 5 Industrialization and Global Integration (c. 1750–c. 1900)
Latin American nations. Latin American trade
increased after the independence movements of
the 1820s (A). The slave trade ended in the late
nineteenth century (C). Latin American nations
imported manufactured goods (D). Local arti-
sans suffered because of the importation of
European goods (E).
- E—Much of world trade in this period benefited
Western colonial powers, who imposed their
manufactured goods on the developing world,
increasing the economic power of the West (B).
China suffered an outflow of silver because of
the opium trade (A). Latin America became
dependent on U.S. and European manufactured
goods (C). Trade was active in the Indian and
Pacific oceans in addition to the Atlantic (D).