What is import substitution industrialization


Discussion

1. Explain the evolving relationship between the United States and Latin America and the Caribbean, in the period between 1930-1945 (150 words).

2. What is import substitution industrialization? Why did Latin America turn towards it in 1930? How was it different from the predominant economic model in Latin American between 1870-1930? (150 words).

3. What was the political impact of the world economic crisis of 1929 on Latin America? Provide two examples. (150 words).

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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