Geography 322 - Geography of Latin America » Spring 2019 » Quiz 3 Cycles of Economic Change

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Question #1
The Modern/Liberal Period was characterized by:  
A.   a commodity lottery which largely determined which countries fared well
B.   a mostly urban population
C.   the rapid growth of industry in Latin America.
D.   the absence of foreign investment
Question #2
The Import-Substitution Period was precipitated by: 
A.   The Great Depression and World War II
B.   excessive foreign investment
C.   the end of colonialism
D.   over-reliance on exporting primary goods
Question #3
A substantial middle class was built during the Import Substitution Industrialization (ISI) period.
A.   TRUE
B.   FALSE
Question #4
Which of the following contributed to the demise of ISI? 
A.   a continued reliance on foreign technology and investment, despite efforts to become more self-sufficient
B.   an abundance of high quality products that were too expensive for locals
C.   an absence of natural resources in the region
D.   not enough workers to fill the jobs
Question #5
Neoliberalism:
A.   closed off the region to foreign investment
B.   was based on the notion of improving efficiency
C.   encouraged greater state involvement in the economy
D.   is the complete antithesis to the Modern/Liberal period
Question #6
Neoliberalism was first introduced in Latin America under a military dictatorship.
A.   FALSE
B.   TRUE
Question #7
The Post-Neoliberal Era:
A.   encourages free market reforms such as privatization
B.   has yet to have any meaningful impact
C.   can trace its origins to social unrest in Mexico during the 1990s
D.   was instigated by growing poverty and inequality during the Neoliberal period
Question #8
Brazil's Bosa Familia:
A.   receives financial support from the World Bank
B.   encourages young people to work to support their families
C.   has widened inequality
D.   has not spread beyond the largest cities
Question #9
The USAN (Union of South American Nations):
A.   encourages the creation of several trade blocs in South America
B.   is heavily criticized by leaders such as Hugo Chavez and Evo Morales
C.   began in 2010 and has had great success
D.   has its origins in the ideas of Simon Bolivar
Question #10
It has been argued that Latin America was more integrated into the world economy at the end of the 19th century than it is today.,,
A.   False
B.   True

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