Analyze an economic and political activity in caribbean south america since its independence. include at least one example of an economic activity and one example of a political activity. can someone me with this i dont understand

The mainstay of the Caribbean economy, sugar, has declined gradually since the beginning of the 20th century, although it is still a major crop in the region. Caribbean sugar production became relatively expensive in comparison to other parts of the world that developed their own sugar cultivation industries, making it difficult for Caribbean sugar products to compete.Caribbean economic diversification into new activities became essential to the islands.