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How have latin American nations tried to achieve economic independence?
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
In the system workers are most productive and Nations economies functions most effectively when people and businesses can pursue their economic interest privately?
Conservation
What happened in the 1980s that led Latin American countries to borrow money from wealthy countries such as the US?
In the 1980s, many Latin American countries faced economic challenges, including high inflation, stagnant growth, and political instability. To address these issues, they turned to wealthy nations and international financial institutions for loans, often enticed by lower interest rates and the promise of economic recovery. However, this led to a cycle of debt, as countries struggled to repay their loans amidst worsening economic conditions, ultimately culminating in the Latin American debt crisis.
To what extent do nations today practice mercantilism?
Having tasted economic independence for too long a period,the American colonist had no desire to return to the mercantilist policies endured by the colonies of the other European nations.
A nations plan for answering the key economic problems is called its economic?
Economic System
How was the American System expected to unite the nations economic interests?
Market for northern industry and southern agriculture
How have latin American nations tried to achieve economic independence?
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
In many Latin American nations reliance on the production of a single cash crop has led to?
economic dependance on other nations
What economic problems did Central American and Caribbean Nations face after World War 2?
Overdependence on foreign nations and a dramatic increase in population.
What does it mean to safe guard the American economic interest?
In general terms, the phrase 'to safeguard the American economic interest' means 'to do whatever must be done in order to ensure that America's commercial and industrial activities are not disrupted by external interference.' What the phrase (and public policy) has often led to in very practical terms are various actions by the American government to warn other nations away from involving themselves in the Western Hemisphere; or, as in World War I, to warn Germany that any interference with American merchant ships would result in negative consequences.
In the system workers are most productive and Nations economies functions most effectively when people and businesses can pursue their economic interest privately?
Conservation
What was the goal of the pan American conference?
To create a customs union for nations in the Americas aimed at improving economic relations.
American imperialist who advocated acquisition of the Philippines especially stressed?
They especially stressed their economic potential for American businessmen seeking trade with China and other Asian nations.
Why did Latin American nations seek independence?
Latin American nations sought independence from European colonial powers due to a desire for self-governance, cultural identity, and economic independence. They were inspired by the ideas of Enlightenment thinkers and the success of other independence movements, such as the American Revolution. Economic exploitation, social inequality, and political oppression also fueled the drive for independence in Latin America.
What was one way that American independence actually harmed the nations economic fortunes?
ending all british trade and investment in america
One way that American independence actually harmed the nations economic fortunes was by?
ending all british trade and investment in america
What was a major cause of the civil wars in many Central American nations in the 1970s and 1980s?
Economic differences between social classes
