The most likely reason why Latin American countries tried import substitution industrialization (ISI) after World War II was to reduce their dependency on foreign imports and develop their own industrial base. This was seen as a way to promote economic growth and development, create employment opportunities, and strengthen domestic industries. Additionally, many countries in Latin America were looking to reduce their trade deficits and promote self-sufficiency in key industries. ISI was seen as a way to achieve these goals and improve the overall economic stability of the region.
