Question

Describe two challenges of industrializing that Latin American countries faced after World War II. Please answer in 2-4 sentences with specific examples from the lessons. (15 points)

One challenge Latin American countries faced after World War II was their reliance on foreign investments and technology. For example, in Brazil, the government sought to industrialize by attracting foreign investors, but this created a cycle of dependency on external capital and expertise. Another challenge was the lack of infrastructure and education needed to support industrialization. In Mexico, despite efforts to industrialize through import substitution, the country struggled with inadequate transportation networks and a shortage of skilled workers.