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The extractive economy from the Reforma Toledana in the Andean region of America continues to impact the region today through issues like environmental degradation and social inequalities.
The economy extractivista of the Reforma Toledana in the Andean region of America was characterized by the Spanish Crown's focus on extracting resources such as silver, gold, and other minerals for export back to Spain. This economic model left a legacy of resource exploitation and dependency that continues to impact the region today.
Despite the end of colonial rule, the extractive economic practices introduced during the Reforma Toledana still persist in the Andean countries, leading to issues like environmental degradation, social inequalities, and a reliance on volatile commodity markets.
In the modern context, countries like Peru, Bolivia, and Ecuador are grappling with balancing economic development with sustainable practices to address the long-lasting effects of the extractivist economy initiated during the Reforma Toledana.
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