Answer:
This was a problem because the wealthy citizens of the new Latin American countries possessed much needed capital and skills to develop the new nations.
The rulers of the new nations needed these wealthy citizens to provide their capital and labor to start new development processes in agriculture, industry, infraestructure, and so on. When they moved back to Spain, these countries lost the opportunity to make use of this labor and this capital. This contributed indirectly, to the slow advancement of most Latin American nations.
AnsweResponses may vary but should include some or all of the following information:
Explanation: When the wealthy fled to Spain, they took their money with them. This left few resources for building strong economies in the newly independent nations. As a result, many newly independent nations were thrown into turmoil.
