Question
Compare Mexico’s and Argentina’s economic success post-World War II.(1 point)
Responses
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 relied on foreign private companies to build wealth.
They both relied on foreign private companies to build wealth.
They both nationalized industries that were economic problems.
Responses
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 relied on foreign private companies to build wealth.
They both relied on foreign private companies to build wealth.
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, we can evaluate the provided statements:
1. **"They both had governments and economic successes that were destroyed by the United Fruit Company."** - This statement is not accurate for either country, as the United Fruit Company primarily operated in Central America, notably in countries like Guatemala.
2. **"They both created national oil industries that still survive today."** - This is partially true. Mexico nationalized its oil industry in 1938 with PEMEX. Argentina also nationalized its oil industry (YPF) later on, so both countries have national oil industries, but the contexts and outcomes differ significantly.
3. **"They both relied on foreign private companies to build wealth."** - This statement is valid for both countries, especially during the early post-World War II period, where foreign investment played a crucial role in their economic development.
4. **"They both nationalized industries that were economic problems."** - This statement is true as both countries pursued various nationalization policies to address economic challenges. Argentina nationalized several industries during the Peronist era, while Mexico nationalized key sectors like oil and electricity.
Overall, statements 3 and 4 provide a more accurate comparison of the economic trajectories of Mexico and Argentina post-World War II.
1. **"They both had governments and economic successes that were destroyed by the United Fruit Company."** - This statement is not accurate for either country, as the United Fruit Company primarily operated in Central America, notably in countries like Guatemala.
2. **"They both created national oil industries that still survive today."** - This is partially true. Mexico nationalized its oil industry in 1938 with PEMEX. Argentina also nationalized its oil industry (YPF) later on, so both countries have national oil industries, but the contexts and outcomes differ significantly.
3. **"They both relied on foreign private companies to build wealth."** - This statement is valid for both countries, especially during the early post-World War II period, where foreign investment played a crucial role in their economic development.
4. **"They both nationalized industries that were economic problems."** - This statement is true as both countries pursued various nationalization policies to address economic challenges. Argentina nationalized several industries during the Peronist era, while Mexico nationalized key sectors like oil and electricity.
Overall, statements 3 and 4 provide a more accurate comparison of the economic trajectories of Mexico and Argentina post-World War II.