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 nationalized industries that were economic problems.
They both nationalized industries that were economic problems.
They both relied on foreign private companies to build wealth.
They both relied on foreign private companies to build wealth.
2 answers
They both experienced periods of economic growth and stability, but also faced periods of economic crisis and instability. Mexico implemented the Import Substitution Industrialization strategy, while Argentina focused on protecting domestic industries through high tariffs and restrictions on imports. Ultimately, both countries faced challenges related to political instability, corruption, and economic inequality that have impacted their economic success.
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1 answer