Latin America is a SPANISH/PORTUGUESE/FRENCH colony, that, just like America and Canada, have very similar characteristics to their mother country. Any unique cultural aspects are represented by the Maya, Aztec, and Inca, for the most part. Only notable culture that lasts today is the Guarani and assorted Brazilian jungle tribes that where never assimilated. However, the difference between America and Latin America? It's not hard. Latin America has been a quasi-backwater up until modern day as the Spanish refused to allow industry be built there, and the Portuguese used Brazil as a giant coffee plantation, while the USA has done major things, and global things at that.