Humn 3981 Final:how Globalization Has Impacted And Changed The Entire Region We Call Latin America

Student’s NameProfessor’s NameCourseDateHUMN 3981 FinalHow Globalization has Impacted and Changed the Entire Region We Call Latin AmericaIn the past, there have been many debates on the impact of globalization in Latin America. These debates increased in the early 90s after the execution of the North American Free Trade Agreement (NAFTA); this agreement was between the United States and 34 other countries (Sanchez-Alonso). Globalization plays a vital role in how people view and contextualize global economics. In this regard, globalization had a negative impact on Latin American nations in various ways. What’s more, globalization has affected some earlier benefactors of the free trade agreements such as the United States, which has suffered from an essential loss of employment. Therefore, this paper will cover the impact of globalization on Latin America by highlighting the regional and local settings. This region has worked hard to achieve neoliberal policies that align with global trends, but it is yet to achieve this goal.Brief Background on Latin AmericaLatin America is one of the biggest regions in the United States, and it has people from diverse ethnic, and racial backgrounds. The region experienced various rulers; Spanish, Portuguese, and Brazilian. In addition, this region follows a system that