Part 2/11:
Between 1860 and 1929, Argentina enjoyed what was termed a "growth miracle," during which its GDP per capita steadily increased, nearing 80% of Britain’s wealth by the end of the period. Several factors contributed to this seemingly undeniable success: a gradual opening of the economy post-independence, the effects of rapid globalization, and advancements in shipping technology enabled Argentina to capitalize on its agricultural exports — wheat and livestock primarily. This economic boon was notably distinct from the struggles faced by other Latin American countries, such as Brazil, which lacked Argentina’s fertile land.