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 the lack of skilled labor. Many of these countries did not have a sufficient number of trained workers to support the growth of their industrial sectors. For example, in Mexico, the government had to bring in foreign technicians to help establish new industries.
Another challenge was the reliance on foreign investments and technology. Latin American countries often had to depend on outside resources to develop their industries, which made them vulnerable to economic fluctuations and geopolitical influences. For instance, in Brazil, many industries were controlled by foreign companies, leading to concerns about the country's economic sovereignty.