Question

The economic development of Latin America was heavily dependent on:a. state subsidiesb. domestic manufacturingc. stock appreciationd. foreign capital

Answer 1

Answer:

D. foreign capital

Explanation:

The economic development of Latin has seen a lot of improvement from the past years with Chile ranking number one on the list. This economic increase was largely funded by foreign capital investments from other countries. Chile tops the numbers with foreign capital investment at steady increase in this economy. However other countries in this region like Nicargua may be lacking in this respect.