Final answer:
The wars for independence in Latin America resulted in the overthrow of colonial rule, the abolition of slavery, and the creation of new nations.
Step-by-step explanation:
The wars for independence in Latin America resulted in several outcomes. Firstly, the successful movements led to the overthrow of the rule of mercantilist parent countries such as Spain and Portugal, allowing the newly independent nations to govern themselves. Secondly, these revolutions led to the abolition of slavery in many Latin American countries, as the slave population played a crucial role in the fight for independence. Lastly, the conflicts created new nations in the region, which faced the challenges of establishing stable governments, thriving economies, and social and political reforms.