Final answer:
The region of Latin America known as the 'volcanic axis' and home to the 'Land of Volcanoes' is the Central American Volcanic Arc.
Step-by-step explanation:
The region of Latin America known as the "volcanic axis" and home to the "Land of Volcanoes" is the Central American Volcanic Arc. This region includes countries such as Guatemala, El Salvador, Nicaragua, Costa Rica, and Panama. It is characterized by a chain of active volcanoes that runs along the Pacific coast of Central America. These volcanoes have shaped the landscape and provided rich volcanic soils, attracting people to engage in agriculture.