Social classes are usually defined as a form of social stratification in which a group of individuals share characteristics which unite them from a socioeconomic perspective.

Among Central American countries, El Salvador may face the worst economic effects of the global pandemic, with an estimated 10% reduction in its GDP growth, according to economist Ricardo Castaneda, coordinator of the Central American Institute of Fiscal Studies (ICEFI).

Corrientes’ Coordinadora de Entidades Productivas, a group of agriculture businesses from the province, expressed their rejection of proposed legislation entitled “Minimum Budgets Act for the Conservation, Protection, and Rational and Sustainable Use of Wetlands.”

Prime Minister Pedro Cateriano announced that the Business Support Fund (FAE-Turismo) will be extended as a way to serve and invest in more than 30% of micro and small enterprises and businesses (mypes) that specialize in domestic tourism.

–Researched and Written by Liam Day— Since 2010, Venezuela has been locked in a crippling economic crisis. The crisis is marked by hyperinflation and escalating rates of starvation, disease, crime, and mortality rates, as well as a mass exodus from the country. The crisis has only worsened under the government of Nicolás Maduro, in part

–Researched and Written by Selines Sánchez—  Due to the ongoing health crisis, economic difficulties have also surged. The Dominican Republic is currently in one of the worst economic conditions in the history of the country. Along with the rising cases of COVID-19, the country has also seen a rise in fuel prices, housing costs, and

Ratification of the law to reduce prosecution is essential for the survival of many small and medium-sized companies in crisis.

Unions of producer and exporter countries like Ecuador, Colombia, Costa Rica, and Guatemala challenged the new Rain Forest Alliance (RFA) Sustainable Agriculture Standards after a meeting with the global organization.

One of the most severe economic effects in the COVID-19 pandemic is the loss of employed labor.

Despite improvements in Latin America’s socioeconomic sector during the last decade, the region is now facing three “major development traps” that could impede the region’s economic advancement.