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A '''hacienda''' is a large farming estate found in parts of [[Central America]] and [[Mexico]]. It is similar to a plantation, but the hacienda is uniquely [[Spain|Spanish]] in nature. They differ in other key aspects as well; plantations are based on the desire for profit and are thus more efficient in land use, while haciendas are based on the desire for social prestige and self-sufficiency.
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A '''hacienda''' is a large farming estate found in parts of [[Central America]] and [[Mexico]]. It is similar to a plantation, but the hacienda is uniquely [[Spain|Spanish]] in nature. Haciendas and plantations differ in other key aspects as well; plantations are based on the desire for profit and are thus more efficient in land use, while haciendas are based on the desire for social prestige and self-sufficiency.
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Because of the emphasis on self-sufficiency, haciendas are not closely tied to external markets, which stands in direct contrast with the modern plantation.
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Because of the emphasis on self-sufficiency, haciendas are not closely tied to external markets, unlike the modern plantation.
    
Hacienda farmers (known as ''peones'') are usually given their own small plots of land for growing [[subsistence]] crops, and even then the hacienda can be so large that it would be impossible to farm every acre of land.
 
Hacienda farmers (known as ''peones'') are usually given their own small plots of land for growing [[subsistence]] crops, and even then the hacienda can be so large that it would be impossible to farm every acre of land.
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