Explain the hierarchical model of capitalism found in Latin America and the Caribbean. Please detail the factors that influence the hierarchical capitalist model and address its impact on economic equity.

Full three pages are to be provided, work cited page does not count towards the total word count of the document.

The files uploaded are the only material to reference in the essay. Make sure to be clear, concise and set forth examples when explaining each process of the capitalist model and its hierarchy.