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

Responses

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 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 eliminate the government’s role in the economy.

1 answer

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 foreign goods by fostering domestic industries and thereby enhancing economic self-sufficiency.