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America's History for the AP Course8th EditionEric Hinderaker, James A. Henretta, Rebecca Edwards, Robert O. Self 470 solutions What effect did the Great Depression have on Latin America?The Great Depression forced many Latin American governments and economic élites to make tough decisions in exchange-rate, monetary and fiscal policies. These choices marked a stark departure from the model that had prevailed in the region for nearly a century.
Which of the following was a result of the Great Depression in Latin America quizlet?How did the Great Depression affect Latin America? The Great Depression upset the Latin American economy. The global demand for Latin American goods dropped off. They saw the need to develop their own goods so they would not be so dependent on things happening around the world.
What were 3 effects of the Great Depression quizlet?(1) 50% of all US banks failed (2) The US economy shrank by 50% (3) The unemployment rate reached a high of 25% (4) Housing prices dropped by 30% (5) International trade dropped by 65% (6) Prices on manufactured goods fell 10% per year (7) Wages for American workers fell 42% (8) Homelessness in America skyrocketed.
In what way did the Great Depression have a positive effect on Latin America quizlet?In what way did the Great Depression have a positive effect on Latin America? Latin American countries developed new industries to produce manufactured goods.
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Which of the following was an effect of the Great Depression in Latin America Quizlet
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