The earliest civilization in Central America—and possibly the earliest civilization in the Americas—was the Olmec civilization which arose sometime between 1200 and 1000 BC. They originally lived in the Gulf Coast region of southern Mexico, but soon expanded into Guatemala.
Olmec society was very simple. It was essentially divided into two groups: the elite group lived in the small urban centers (towns, really) and the common people lived in the rural areas. The Olmecs were overwhelmingly an agricultural people. The elite lived off of the agriculture of the common people, but they probably didn't rule over the agricultural populations. Instead, they carried out religious ceremonies centered in the towns and carried out commercial trade in luxury and artistic items.