0
In the 1970s, Latin American nations grew more dependent as they attempted to maintain their weak economies by borrowing money. Between 1970 and 1982, debt to foreigners grew from 27 billion to 315.3 billion. By 1982, a number of Latin American economies had begun to crumble. Wages fell, and unemployment and inflation skyrocketed.
What else can I help you with?
After world war 2 the united nations was formed in attempt to maintain world peace the united nations provides?
After world war 2, the United Nations was formed in attempt to maintain world peace, and the United Nations provides peace keepers in areas of conflict.
What US corporation held a large stake in the economies of several Latin American nations during the 1920s and 1930s?
The United Fruit Company held a large stake in the economies of several Latin American nations during the 1920s and 1930s.
Why did the collapse of the economies of nations like Bolivia and Germany hurt the big American banks?
jkklmmkljkn/jnjnjknjkb
How did European nations benefit from marshall plan?
The Marshall Plan allowed nations to rebuild their economies and infrastructure based on low-cost or no-cost American loans and material.
Who proposed the European recovery program that promised European nations American aid to rebuild their economies?
George C. Marshall
Which latin American nations have developed significant industrial sectors during the 20th century?
Their economies remained rooted in agriculture.
What is Today the economies of virtually all nations would be classified as?
mixes economies
What is the process called by which economies and cultures are many nations become integrated and interrelated?
Globalization is the process by which economies and cultures are many nations become integrated and interrelated.
What are the Brics?
five nations with influential, emerging economies
What was the common in eastern bloc nations?
Controlled economies were common in eastern bloc countries.
Why did the economies of many African nations fail after the gained independence?
Because the white colonialists raped the once prosperous continent of it's resources, and left the left the newly independent African nations with an infrastructure designed to fail, so that imperialist nations of the west could maintain control.
How were the economies of Europe nations after World War 1?
The economies of the nations were generally in great shape, as they usually are immediately after a war. The companies are busy buying and building weapons and technology that can be used in war, and as a result, certain nations are booming in business with others and many people are in work. It is only after a war (after some time has passed) in which the economies of the nations were hit hard.
