Central America is one of the poorest and least industrialized areas of the Western Hemisphere. The major reasons for this are as :
Population : Because of large size of population, whatever steps have been undertaken to develop Central America turns out to be insufficient.
Corruption : Inspite of having vast amount of natural resources and minerals, due to corruption the economy is not doing well.
Ineffective Leadership : Due to ineffective leadership and improper guidance, the economy is not flourishing.
On the other hand, as United States is able to control the population and corruption, it has become the wealthiest country. Moreover, the effective leadership and appropriate guidance the economy is flourishing.
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