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Alona [7]
3 years ago
5

What economic impact did world war 1 have on Latin America?

History
1 answer:
allsm [11]3 years ago
5 0

Answer:

Latin American countries continued to pursue export-led growth after the First World War. However, the external environment was by then much less favourable. Export growth was therefore modest. Fiscal and financial policies became more orthodox after the war and this, coupled with the disappointing performance of the export sector, made it difficult to promote industry – especially in those countries where it had yet to take root. By the time of the Great Depression, no Latin American country had been able to escape from dependence on primary product exports. The region was therefore very vulnerable to the subsequent collapse of commodity prices.

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Answer:

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From 1890 until the 1920s, American history witnessed a phase called the progressive period saw a combination of social and political change that aimed to reduce inequality, corruption, and initiate reforms that would make society more equitable.

Theodore Roosevelt served as the president of the United States (1901-09), was a prominent Progressive Period political figure. he was known for his stand against corruption and the control of monopoly of the corporations. In U.S. civil service and industrial sectors, Roosevelt confronted fraud and patronage systems. As President, he has been active in the signing of laws aimed at progressive ideals.

Jane Addams was one of the social reformers during the progressive period with the most influence. She was known for her role as an activist, social worker, and a pioneer in the women's suffrage movement. Her thoughts on concrete changes to strengthen the family, the local communities and the country have been influential. She is regarded as the founder of social work in the United States and received the Nobel Peace Prize in 1931 for her work on emphasizing peace and international affairs.

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In the theory he stated:

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