El Niño Affects the Andean Regions by

question 33

Multiple Choice

El Niño affects the Andean regions by

• A) causing drought.
• B) causing flooding.
• C) causing the seasonal rains to come at the wrong time.
• D) causing wind storms.

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Definitions:

Market Speculation

The act of trading in an asset, or conducting a financial transaction, that has a significant risk of losing most or all of the initial outlay, in expectation of a substantial gain.

Mass Migrations

Large-scale movements of groups of people from one geographical area to another, often resulting from factors like conflict, natural disasters, or economic opportunities.

Privatization

The process of transferring ownership or the operation of services and assets from the government to the private sector.

Neoliberalism

An economic and political approach advocating for free-market capitalism, minimal government intervention, and a reduction in public expenditure for social services.