Final answer:
Transculturation is the term used by historians to refer to the new Latin American cultures that developed through interactions and exchanges between Europeans, Native Americans, and Africans.
Step-by-step explanation:
The term that historians use when referring to the new Latin American cultures that resulted from the give-and-take of all those living on the same soil is transculturation.
Transculturation refers to the blending and mixing of different cultures as a result of interactions and exchanges between Europeans, Native Americans, and Africans in the Americas.
For example, in the cities and plantations of Latin America, African slaves and indigenous peoples worked alongside mestizos, resulting in the development of new cultural forms and practices.