Economic Crises in Ecuador

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Questions and Answers

What was the economic situation of Ecuador in the 1800s and 1900s?

  • It remained economically stable throughout this period
  • It experienced rapid economic growth during this period
  • It faced economic crises during this period (correct)
  • It had no significant economic changes during this period

How did the economic crises affect Ecuador in the 1800s and 1900s?

  • It resulted in unprecedented economic prosperity
  • It had no noticeable impact on the economy
  • It caused minimal disruptions in the economic system
  • It led to economic instability and challenges (correct)

What was a prominent feature of Ecuador's economic condition in the 1800s and 1900s?

  • It enjoyed sustained economic boom
  • It encountered no major economic issues
  • It struggled with economic difficulties (correct)
  • It experienced consistent economic stagnation

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