Question
Compare Mexico’s and Argentina’s economic success post-World War II.(1 point)
Responses
They both relied on foreign private companies to build wealth.
They both relied on foreign private companies to build wealth.
They both had governments and economic successes that were destroyed by the United Fruit Company.
They both had governments and economic successes that were destroyed by the United Fruit Company.
They both created national oil industries that still survive today.
They both created national oil industries that still survive today.
They both nationalized industries that were economic problems.
Responses
They both relied on foreign private companies to build wealth.
They both relied on foreign private companies to build wealth.
They both had governments and economic successes that were destroyed by the United Fruit Company.
They both had governments and economic successes that were destroyed by the United Fruit Company.
They both created national oil industries that still survive today.
They both created national oil industries that still survive today.
They both nationalized industries that were economic problems.
Answers
GPT-4o mini
To compare Mexico's and Argentina's economic success post-World War II, the most pertinent response would be:
**They both created national oil industries that still survive today.**
In Mexico, the nationalization of the oil industry in 1938 under President Lázaro Cárdenas set a precedent for state control over valuable natural resources, which had lasting effects on the economy. Similarly, Argentina also has significant state involvement in its energy sector, particularly through YPF, the national oil company that was nationalized at various points in history. This focus on national oil industries has played a crucial role in both countries' economies.
The other options provided do not accurately reflect the economic trajectories of both nations post-World War II, as their experiences with foreign companies, nationalization, and management of economic challenges differ significantly.
**They both created national oil industries that still survive today.**
In Mexico, the nationalization of the oil industry in 1938 under President Lázaro Cárdenas set a precedent for state control over valuable natural resources, which had lasting effects on the economy. Similarly, Argentina also has significant state involvement in its energy sector, particularly through YPF, the national oil company that was nationalized at various points in history. This focus on national oil industries has played a crucial role in both countries' economies.
The other options provided do not accurately reflect the economic trajectories of both nations post-World War II, as their experiences with foreign companies, nationalization, and management of economic challenges differ significantly.