What world events led to the rising tide of economic nationalism that swept latin america during the late 1920 and 1930s?
1) the price of lati american exports to the united states rose during world war 1 and climbed even higher during the great depression.
2) World war 1 dramatically increased trade with latin american nations that provided supplies to the allies and the cost imports fell
3) European trade fell following world war 1 and the great depression reduced latin american exports and increased the cost od imported goods.
I got 1 .
I agree.
Great job! You correctly identified one of the world events that led to the rising tide of economic nationalism in Latin America during the late 1920s and 1930s. To find the other events, let's analyze the remaining options.
Option 2 states that World War 1 dramatically increased trade with Latin American nations that supplied goods to the Allies, while the cost of imports fell. This is an incorrect statement as the cost of imports would not have fallen during the war due to the disruption in international trade and increased demand for goods. Therefore, option 2 is not a correct answer.
Option 3 states that European trade fell following World War 1, and the Great Depression reduced Latin American exports while increasing the cost of imported goods. This is indeed a correct statement. The economic downturn in Europe and the Great Depression had a significant impact on Latin American economies, reducing their exports and making imported goods more expensive. This led to a rise in economic nationalism as countries sought to protect their domestic industries and reduce dependency on foreign markets.
In summary, both options 1 and 3 are correct. The rising prices of Latin American exports during World War 1 and the Great Depression, as well as the decline in European trade and the increase in import costs, were world events that contributed to the rise of economic nationalism in Latin America during the late 1920s and 1930s.