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.   the rapid growth of industry in Latin America.
B.   a commodity lottery which largely determined which countries fared well
C.   the absence of foreign investment
D.   a mostly urban population
Question #3
The Import-Substitution Period was precipitated by: 
A.   excessive foreign investment
B.   The Great Depression and World War II
C.   over-reliance on exporting primary goods
D.   the end of colonialism
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 abundance of high quality products that were too expensive for locals
B.   not enough workers to fill the jobs
C.   an absence of natural resources in the region
D.   a continued reliance on foreign technology and investment, despite efforts to become more self-sufficient
Question #6
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 #7
Neoliberalism was first introduced in Latin America under a military dictatorship.
A.   FALSE
B.   TRUE
Question #8
The Post-Neoliberal Era:
A.   encourages free market reforms such as privatization
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.   has yet to have any meaningful impact
Question #9
Brazil's Bolsa Familia:
A.   has widened inequality
B.   has not spread beyond the largest cities
C.   encourages young people to work to support their families
D.   receives financial support from the World Bank
Question #10
The USAN (Union of South American Nations):
A.   began in 2010 and has had great success
B.   encourages the creation of several trade blocs in South America
C.   has its origins in the ideas of Simon Bolivar
D.   is heavily criticized by leaders such as Hugo Chavez and Evo Morales

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