Compare Mexico's and Argentina's economic success post-World War II.
A. they both had governments and economic successes that were destroyed by the United Fruit company
B. they both relied on foreign private companies to build wealth
C. they both created national oil industries that still survive today
D. they both nationalized industries that were economic problems
B. they both relied on foreign private companies to build wealth
While both Mexico and Argentina experienced economic growth and success after World War II, they followed different paths to achieve this. Mexico implemented a policy of economic nationalism, focusing on industrialization and developing its own industries while also allowing foreign private companies to invest in the country. Argentina, on the other hand, heavily relied on foreign private companies to develop its economy, particularly in the agricultural and mining sectors.
Mexico created a national oil industry with the establishment of PEMEX in the 20th century which still plays a significant role in the country's economy today. Argentina did not have a nationalized oil industry, but both countries did have industries that were nationalized at various points in their histories in order to address economic problems.
Overall, while there are some similarities in terms of economic success post-World War II, the paths taken by Mexico and Argentina were somewhat different.