1. Why were the peninsulares disliked in South America?

They all started because of social imbalances in the countries. Why did many people in South America dislike the peninsulares? Peninsulares made up the smallest portion of the population, but they held the majority of the political power. ... Both led independence movements in Latin America.

Fiscal policy because it refers to the use of government spending and tax policies to influence macroeconomic conditions, including aggregate demand, employment, inflation, and economic growth.