Question

In 2-3 sentences, analyze two ways Latin Americans tried to improve their economy after 1945. Make your answer simple, coherent, and intended for 8th grade.

Answer 1

After 1945, Latin Americans tried to improve their economies in two main ways. First, many countries focused on import substitution industrialization, which meant they started making their own goods instead of relying on imports, helping to create jobs and support local industries. Second, they sought foreign investments and aid, hoping to boost development through money and resources from other countries.