All in Latin America

Why is Latin America Poorer than the United States?

It is hard to believe how much richer the United States is than Latin America. Each year, the US economy generates more than three times as much wealth as the twenty countries of Latin America combined. Before Columbus arrived in 1492, the largest, wealthiest, and most technologically advanced societies were in South America and modern-day Mexico. What changed? Why are garages in the US larger than many homes in Latin America?