Geography 322 - Geography of Latin America » Fall 2019 » Quiz 3 Cycles of Economic Change
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Question #1
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
Question #2
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 #3
The Import-Substitution Period was precipitated by:
A.
the end of colonialism
B.
excessive foreign investment
C.
over-reliance on exporting primary goods
D.
The Great Depression and World War II
Question #4
A substantial middle class was built during the Import Substitution Industrialization (ISI) period.
A.
FALSE
B.
TRUE
Question #5
Which of the following contributed to the demise of ISI?
A.
an absence of natural resources in the region
B.
not enough workers to fill the jobs
C.
an abundance of high quality products that were too expensive for locals
D.
a continued reliance on foreign technology and investment, despite efforts to become more self-sufficient
Question #6
Neoliberalism:
A.
is the complete antithesis to the Modern/Liberal period
B.
closed off the region to foreign investment
C.
was based on the notion of improving efficiency
D.
encouraged greater state involvement in the economy
Question #7
Neoliberalism was first introduced in Latin America under a military dictatorship.
A.
FALSE
B.
TRUE
Question #8
The Post-Neoliberal Era:
A.
has yet to have any meaningful impact
B.
can trace its origins to social unrest in Mexico during the 1990s
C.
was instigated by growing poverty and inequality during the Neoliberal period
D.
encourages free market reforms such as privatization
Question #9
Brazil's Bolsa Familia:
A.
receives financial support from the World Bank
B.
has widened inequality
C.
encourages young people to work to support their families
D.
has not spread beyond the largest cities
Question #10
The USAN (Union of South American Nations):
A.
encourages the creation of several trade blocs in South America
B.
has its origins in the ideas of Simon Bolivar
C.
began in 2010 and has had great success
D.
is heavily criticized by leaders such as Hugo Chavez and Evo Morales
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