Which of the Following Was Not a Factor Contributing to the Debt

question 20

Multiple Choice

Which of the following was not a factor contributing to the debt crisis in Latin America?

• A)The oil shocks
• B)Trade liberalization in many developing countries
• C)An increase in global interest rates.
• D) A lack of investment opportunities in the developed countries
• E) All of the above

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Definitions:

Leisure Industries

Industries focused on providing goods and services dedicated to entertainment, recreation, and enjoyment during one's free time.

Collective Responsibility

The concept that individuals in a group share responsibility for actions taken by the group as a whole, including the outcomes of those actions.

Shared Leisure Interests

Shared leisure interests refer to common activities or hobbies that people enjoy during their free time, forming a basis for social connections and community.

Robert Bellah

An American sociologist known for his work on the role of religion in modern society, particularly through the concept of civil religion.