Answer:
This is actually True
Step-by-step explanation:
Latin American countries are rich in agriculture and natural resources and can easily be considered one of the break baskets of the world.
Latin America includes countries such as Brazil, Mexico, Chile, Argentina and most of the countries that were either colonized by Spain or Portugal.
Historically, Sugar was the main plantation in Cuba and Puerto Rico. Coffee is still a major crop in Brazil, Guatemala, El Salvador and Costa Rica.
Mining of Tin and Bauxite has been a major industry in Chile since centuries now.