Which of the following best explains why Latin American countries tried import substitution industrialization (ISI) after World War II?(1 point)

Question

Responses

They no longer wanted to trade with the U.S. or other countries.
They no longer wanted to trade with the U.S. or other countries.

They hoped to create factories in other countries to produce goods.
They hoped to create factories in other countries to produce goods.

They wanted to make their economies less reliant on income from exports.
They wanted to make their economies less reliant on income from exports.

They wanted to eliminate the government’s role in the economy.

Answer 1

The best explanation for why Latin American countries tried import substitution industrialization (ISI) after World War II is:

They wanted to make their economies less reliant on income from exports.

This strategy aimed to reduce dependence on imported goods by encouraging the development of domestic industries.