The economic prosperity of South America

(1 point)
Responses

increased following World War I due to trade with Europe.
increased following World War I due to trade with Europe.

decreased following World War I due to a diminishing trade with Europe because of the war.
decreased following World War I due to a diminishing trade with Europe because of the war.

increased following World War I due to feelings of optimism and peace.
increased following World War I due to feelings of optimism and peace.

decreased following World War I because Europe no longer needed war materials that South America.

Because of diminishing trade with Europe following World War I, South America became
(1 point)
Responses

more self-sufficient as a nation by manufacturing its own goods.
more self-sufficient as a nation by manufacturing its own goods.

more dependent on wealthier countries such as the U.S. and Great Britain by accepting foreign aid.
more dependent on wealthier countries such as the U.S. and Great Britain by accepting foreign aid.

more dependent on imports to generate wealth for many of its countries.
more dependent on imports to generate wealth for many of its countries.

became bitter enemies with Great Britain and France because the lack of money permanently crippled many countries.

Which statement least accurately describes the issues that South America faces regarding trade?

(1 point)
Responses

much of South America's trading involves outside countries
much of South America's trading involves outside countries

frequent trading exists amongst South American countries
frequent trading exists amongst South American countries

coffee is a heavily demanded item that other countries seek from South America
coffee is a heavily demanded item that other countries seek from South America

great concern exists because of the lack of intracontinental trade

Which resource is not a significant contributor to South America's economy?
(1 point)
Responses

petroleum
petroleum

copper
copper

gold
gold

zinc

1 answer

Here are the responses to your questions:

  1. The economic prosperity of South America:

    • decreased following World War I due to a diminishing trade with Europe because of the war.
  2. Because of diminishing trade with Europe following World War I, South America became:

    • more dependent on wealthier countries such as the U.S. and Great Britain by accepting foreign aid.
  3. Which statement least accurately describes the issues that South America faces regarding trade?:

    • frequent trading exists amongst South American countries.
  4. Which resource is not a significant contributor to South America's economy?:

    • zinc.