The Substitution of Traditional Imports by Increasing Domestic Industrial Production

question 57

Multiple Choice

The substitution of traditional imports by increasing domestic industrial production in Latin America began to fail in the 1960s because

• A)they often lacked sufficient labor to allow them to compete with foreign manufacturers.
• B)Japan refused to buy any goods from countries using import-substitution.
• C)domestic markets were too small and countries were unable to find enough foreign buyers.
• D)United States firms effectively stifled attempts to establish industry in Latin America.
• E)foreign capital costs and a welter of other, highly technical problems fatally weakened attempts to expand Latin American industry.

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Definitions:

Public Opinion

The collective attitudes, beliefs, or views of the adult population or a specific segment of the population.

Election Improprieties

Actions or incidents that deviate from fair and just electoral processes, potentially impacting the integrity of election outcomes.

Official Violence

Acts of violence sanctioned or perpetrated by state or institutional authorities, often justified by law or policy.

Noncriminal Self-image

the identification of oneself as someone who is not a criminal, influencing an individual's behavior and choices to align with societal norms.