Both Anglo America(US & Canada) and Latin America(Brazil, Mexico, Cuba, Argentina, Chile etc) had been European colonies and became independent in between the late 18th century and early 19th century.
Interestingly enough, Anglo American countries(US & Canada) became advanced countries but Latin American countries did not.
Brazil has a huge population and a lot of natural resources; nonetheless its economy is not going well.
Why did Brazil fail to become an advanced country like US or Canada?
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