Which of the Following Describes How the Movement Toward Industrialization

question 21

Multiple Choice

Which of the following describes how the movement toward industrialization in the nineteenth century affected Latin America?

• A) The commercial activities of private entrepreneurs in Latin America financed the region's industrialization.
• B) Governments in Latin America encouraged manufacturing industries through state subsidies and tax breaks.
• C) Latin America exported textiles,machinery,tools,weapons,and luxury goods to the United States and Europe.
• D) Latin America provided the food products,raw materials,and markets for industrializing countries.

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Definitions:

Standard Deviation

A tool for assessing the scope of variation or dispersion among a series of figures.

Exponentially Distributed

Describes the time between events in a process in which events occur continuously and independently at a constant average rate.

Parameter λ

A symbol often used to denote a specific parameter in mathematical or statistical expressions, such as the rate parameter in an exponential distribution.

Variance

A measure of the dispersion or spread of a set of data points around their mean, indicating how much the data points differ from the mean.