How is Guatemala’s economic experience post-World War II different from Mexico’s?(1 point)

Responses

Guatemala increased production of oil more than Mexico.

Guatemala sold its land to a foreign company to develop.

Mexico staged a coup to remove an ineffective leader.

Guatemala had rapid inflation, while Mexico did not.

Mexico's economic experience post-World War II was characterized by the nationalization of key industries, such as oil, under President Lazaro Cardenas. This led to significant government control over the economy. In contrast, Guatemala did not have the same level of state intervention in its economy post-World War II. Additionally, Guatemala experienced a period of rapid inflation, while Mexico did not experience the same level of economic instability.

answer from the responses

Guatemala increased production of oil more than Mexico.