Why did the new Latin American republics remain economically dependent after independence?

After gaining independence, the new Latin American republics remained economically dependent largely due to their reliance on the export of raw materials and agricultural products to foreign markets, particularly Europe and the United States. This focus on primary commodities hindered the development of diversified economies and domestic industries. Additionally, political instability, lack of infrastructure, and the influence of foreign capital and companies further entrenched their dependence, limiting their ability to achieve self-sustaining economic growth.