Which of the Following Does Not Describe the Government of Jacobo

question 19

Multiple Choice

Which of the following does not describe the government of Jacobo Arbenz?

• A) Import substitution industrialization was a strategy to promote economic independence.
• B) A 1952 agrarian reform law expropriated estates larger than 223 hectares.
• C) The influence of peasant and trade union confederations grew, pushing Arbenz to the left.
• D) Arbenz united the landed oligarchy with a weak middle class to preserve his power.

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Definitions:

Cereal Company

A business entity that manufactures, markets, and sells cereal products, which are typically grain-based foods consumed for breakfast.

Exchange Rates

The value of one currency expressed in terms of another currency.

Bretton Woods Accord

An agreement established in 1944 that set the exchange rate system and established the International Monetary Fund and the World Bank.

Fixed

Expenses that remain constant for a period of time and do not vary with production levels or sales volume.