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Snowcat [4.5K]
3 years ago
11

What three economic and political crisis are Latin America facing today

Mathematics
1 answer:
mafiozo [28]3 years ago
4 0
In the late 1970 so early 1980's the Latin America went into what was called the lost decade, this is where they were in debt so far that they were losing more money than they were bringing in which caused them to be not able to repay it. Since then they have paid back the US 108 billion.

When this happened it caused an uproar, the unemployment rate went through the roof, and the middle class inflation rate was skyrocketed. 


This caused children to go into drug trade to try to get a little extra money to help out the family for dinner at nights.
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