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Many considered North American to be a continent that is still developing but many parts of Latin America has seen the greatest increase in mobile

Many considered North American to be a continent that is still developing but many parts of Latin America has seen the greatest increase in mobile cellphone use in the world. The supply curve shifted the cost of supplying Latins with the phones has shifted so that millions more Latin Americans in Chile and Panama can afford them due largely to subsidies and investments by the government. Because of the increase in goods, cell-phones have become remarkably cheaper than they were 10-15 years ago. For example,"handsets in Panama cost just 1.5% of GNI per capita, making them one of the cheapest in Latin America

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