After the 1960’s Latin American governments moved away from import substitution. Import substitution industrialization (ISI) refers to a trade and economic policy which upholds replacing foreign imports with domestic production.
Which impact did the shift to market economies have on Russia?
Which impact did the shift to market economy have on Russia under Boris Yeltsin High prices caused hardship for many people. Job competition resulting in higher pay. New business opportunities reduced unemployment. Privatization of Industry decreases wealth and equality.
Why did Catholic Church have so much influence in Latin America?
Catholicism has been predominant in Latin America and it has played a definitive role in its development. It helped to spur the conquest of the New World with its emphasis on missions to the indigenous peoples, controlled many aspects of the colonial economy, and played key roles in the struggles for Independence.
What was the difference between Peninsulares and Creoles?
Answer: From most powerful to least, you should know: Peninsulares – People born in Spain who could hold the highest offices in the New World. Creoles – Spanish people who were born in the New World. Along with the Peninsulares, they controlled most of the wealth.
Which two European countries colonized most of Latin America?
Countries such as Spain, France and Portugal colonized the region. Although most of Latin America was colonized by Spain, the countries of Portugal and France also had major influences on the region.
What two European groups were the first to colonize South America?
The Spanish and Portuguese people were the first to colonize many parts of South America and Central America in the 16th century.
|According to the map, what two European countries held the most control of Africa?||British and French|
|What percentage of Africa was colonized by 1913?||97 percent|
|What was a major motivating factor for the European powers in their Scramble for Africa?||prestige, economic advantage,and power|
What is the most remote tribe in the world?
The Sentinelese are the most isolated tribe in the world, and have captured the imagination of millions. They live on their own small forested island called North Sentinel, which is approximately the size of Manhattan.
What were the main reasons for social unrest and demands for reform in Latin America from the 1950s to the 1970s?
The main reasons for social unrest and demands for reform in Latin America from 1950to 1970 were poverty and inequality.
In what ways did the United States become involved in Latin American affairs?
In what ways did the US become involved in Latin American affairs? They helped to make Panama an independent country from Colombia and gave them the Panama Canal; We loaned money to some countries but we also made the Latin American Countries repay the Europeans their debts.