How did Latin America change as a result of European imperialism in the late 19th century?

In the late 19th century, European Imperialism significantly transformed Latin America through increased foreign investment and economic exploitation, leading to the dominance of foreign companies in key industries like mining and agriculture. This resulted in a reliance on exports and the growth of export-oriented economies, often at the expense of local industries and social equity. Politically, many Latin American countries experienced instability and authoritarian regimes supported by foreign powers, which hindered democratic development. Additionally, cultural influences from Europe reshaped social norms and practices in the region.