How is Guatemala’s economic experience post-World War II different from Mexico’s?(1 point)

Question

Responses

Guatemala increased production of oil more than Mexico.
Guatemala increased production of oil more than Mexico.

Guatemala sold its land to a foreign company to develop.
Guatemala sold its land to a foreign company to develop.

Mexico staged a coup to remove an ineffective leader.
Mexico staged a coup to remove an ineffective leader.

Guatemala had rapid inflation, while Mexico did not.
Guatemala had rapid inflation, while Mexico did not.

Answer 1

Both Guatemala and Mexico experienced post-World War II economic growth, but their experiences differed in several ways. Guatemala focused on increasing production of oil, while Mexico did not have as much emphasis on this industry. Additionally, Guatemala sold land to a foreign company for development, which was not a common practice in Mexico. Mexico faced political instability, including staging a coup to remove an ineffective leader, whereas Guatemala did not have the same level of political turmoil. Finally, Guatemala experienced rapid inflation, while Mexico did not have the same economic challenges in that regard.