The 1929 Crisis in Latin America
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Questions and Answers

Which of the following is a way in which the 1929 crisis manifested in Latin America?

  • Stable economic growth
  • Rapid industrialization
  • Decreased unemployment rates
  • Increased agricultural exports (correct)
  • How did the 1929 crisis impact Latin American economies?

  • Resulted in stable inflation rates
  • Led to increased foreign investment
  • Boosted economic growth
  • Caused a decline in commodity prices (correct)
  • What was a common response of Latin American governments to the 1929 crisis?

  • Encouraging foreign investment
  • Implementing protectionist trade policies (correct)
  • Increasing social welfare programs
  • Adopting a fixed exchange rate system
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