Latin American Economic and Political Challenges

The video explores the challenges and strategies of Latin America in the 20th century, focusing on political and economic stability as key to sovereignty. It discusses internal and external challenges, such as population growth and global market participation, and highlights economic strategies like Brazil's coffee market control. The video also covers political instability and US interventions, as well as economic crises, NAFTA, and education issues, emphasizing the region's struggle with foreign debt and low literacy rates.

What are the three key ingredients for sovereignty discussed in the video?

• Political stability, economic stability, and planning for future generations

• Military strength, economic growth, and cultural influence

• Social equality, environmental sustainability, and economic independence

• Technological advancement, political alliances, and resource management

What was one of the major internal challenges faced by Latin America in the early 20th century?

• Political alliances with Europe

• Lack of natural resources

• Massive population increase

• Decline in agricultural production

How did World War I affect Latin America's economy?

• It disrupted trade routes and closed off European markets

• It led to increased industrialization

• It resulted in a surplus of consumer goods

• It boosted trade with Europe

What strategy did Brazil use to influence coffee prices?

• Switching to tea production

• Hoarding coffee supply

• Reducing exports

• Increasing production

Why did Latin America focus on consumer goods rather than larger industries?

• Belief that consumer goods would be sufficient

• Lack of natural resources

• High demand for consumer goods in Europe

• Government policies favoring agriculture

What was the Good Neighbor Policy?

• A military alliance in South America

• A trade agreement between Latin American countries

• A U.S. promise to protect Latin American interests

• A cultural exchange program with Europe

Which event is an example of U.S. intervention in Latin America?

• The signing of NAFTA

• The Bay of Pigs invasion

• The establishment of the United Nations

• The Cuban Missile Crisis

What was a major economic challenge for Latin America in the 1980s and 1990s?

• Decline in agricultural production

• High levels of foreign debt

• Increase in global trade

• Surplus of natural resources

What was the intended purpose of NAFTA?

• To establish a common currency

• To increase tariffs on imported goods

• To limit trade between North American countries

• To encourage more trade and reduce duties

What was a significant educational challenge in Latin America?

• High literacy rates

• Limited access to education in rural areas

• Overcrowded urban schools

• Excessive government funding for education