Solution:The tropical plantation is one of the world's oldest systems of commercial agriculture. Plantation crops are usually raised on large estates, of more than 40 hectares (100 acres) each, though the success of such crops has often encouraged other farmers to grow them so small holdings also exist side by side with the large estates.It is always a monoculture over a large area, e.g., coffee in Brazil, Tea in India, Rubber in Malaysia, etc. Some of the main plantation crops are Rubber, Palm oil, Cotton and Copra, Beverages like Coffee, Tea and Cocoa, Fruits like Pineapples and Bananas, as well as Sugarcane, hemp and jute.
Although these crops require heavy rainfall for its growth, stagnant water is injurious to its roots. It is, therefore, grown on hill slopes where water drains away easily and water-logging does not take place.
However, it grows equally well in the valley if the drainage is good. Thus, statement (1) is wrong but statement (2) is correct. Till 19th century, Amazon Basin was a major producer of Natural Rubber. Favourable conditions for rubber plantation existed in Amazon Basin and rubber plants even grow spontaneously.
Now, Rubber production is not salient characteristic of South American Countries because of the lack of workers and many other reasons. Thus, statement (3) is correct.