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

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