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Why has relying on one crop or resource presented an economic problem for many Latin American nations? How have these nations been trying to solve these probems?

Why has relying on one crop or resource presented an economic problem for many Latin American nations? How have these nations been trying to solve these probems?
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Why has relying on one crop or resource presented an economic problem for many Latin American nations? How have these nations been trying to solve these probems?

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User Alexander Borisenko
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There are several problems that arise from relying only one crop, but perhaps the most important is that if there is a drought or bad weather the entire economy is damaged. Diversification is key.
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User Patsy
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