Latifundio–minifundio land tenure structure

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Latifundio–minifundio is a traditional land system in Latin America. It features two main types of farms: a few large estates called latifundios (more than 500 hectares) and many small plots called minifundios (less than 5 hectares). Minifundios are mostly subsistence farms worked by peasant families. Latifundios have often relied on peonage, a form of unfree labor where workers have little control over their work and conditions, resembling feudal serfdom in some ways.