A latifundio is a large agricultural estate or landholding, typically found in regions like Latin America and Southern Europe. These estates are often characterized by extensive farming operations that focus on cash crops, such as sugar, coffee, or cotton. Latifundios can be owned by wealthy individuals or corporations, leading to significant economic disparities in rural areas. Historically, latifundios have been associated with the concentration of land ownership, which can result in social and economic challenges. The existence of latifundios often contributes to issues like land reform movements, as marginalized communities seek equitable access to land and resources.