The land tenure structure of Latin America is called as the 'Latifundio–minifundio' land tenure structure. This dualistic tenure system is characterized by relatively few large commercial estates known as latifundios (>500 ha) and numerous small properties known as minifundios (<5 ha). These mainly subsistence-oriented smallholdings are farmed by indigenous and peasant households.
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land tenure — Land tenure is a crucial factor in the operation of rural land markets, influencing the pace and direction of agricultural development. Since land tenure systems govern access to the means of production in agriculture, they have also been an… … Encyclopedia of contemporary Spanish culture
Latifundia — are pieces of property covering tremendous areas. The latifundia (Latin: lātifundium ; lātus , spacious + fundus , farm, estate ) of Roman history were great landed estates, specializing in agriculture destined for export: grain, olive oil, or… … Wikipedia
