describe two challenges of industrializing the Latin American countries faced after World War II. please answer in 2 to 4 sentences with specific examples from the lessons
One challenge of industrializing Latin American countries after World War II was a lack of skilled labor. Many countries in the region did not have a well-educated workforce that was capable of operating complex machinery and technology. For example, in Brazil, industrialization efforts were hindered by a shortage of workers with the necessary technical skills to work in modern factories.
Another challenge was the dependence on foreign investment and technology. Latin American countries often relied on foreign companies to provide capital and expertise for industrialization projects. This resulted in a situation where these countries were not fully in control of their own industrial development. For example, in Mexico, the government invited foreign companies to invest in the oil industry, leading to a situation where foreign interests had significant influence over the country's economy.