Analyze the argument that high levels of inequality have led to political instability in Latin America.
(which option is correct)
An elite social group with its roots in the power of the Spanish, Portuguese, and French colonial elite still controls much of the region's resources and money. This causes institutions to look after the needs of this elite group, rather than all of a country’s population.
Over time, Latin America’s communist economic and social policies have cooled. For example, many Latin Americans are now able to own private businesses, which was not allowed in the past.
Throughout the twentieth century, economic growth was focused on institutions, such as plantations, that do not supply a lot of well-paid employment. The region has fewer well-paid jobs available than other regions.
In the middle of the twentieth century, Cuba appeared to be doing quite well. It was growing economically and socially. By the 1950s, however, it was no longer doing so well.
The correct option is: An elite social group with its roots in the power of the Spanish, Portuguese, and French colonial elite still controls much of the region's resources and money. This causes institutions to look after the needs of this elite group, rather than all of a country’s population.
This argument suggests that high levels of inequality in Latin America have led to political instability because the elite social group continues to hold power and influence, leading to institutions that prioritize their needs over the rest of the population. This can create resentment and frustration among the majority of the population who are not benefiting from the country's resources and wealth, potentially leading to dissatisfaction and political unrest.