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11 January, 11:37

How were economic and political nationalism in Latin America related?

Both developed from a growing wish to end foreign dependence.

Both developed from the Good Neighbor Policy with the United States.

Both developed from the need to expand international trade.

Both developed from the desire to reflect their culture and ancestry.

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  1. 11 January, 12:52
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    The economic and political nationalism in Latin America related as (A) Both developed from a growing wish to end foreign dependence.

    Explanation:

    Latin America fell into a great depression between 1929 and 1932 due to a major turn in the economy of the country. The main reason behind this fall goes back to the several external factors such as the country being trade-dependent, and the investment in the country was reduced until it reached a zero, as well as the stock-market crash.

    All these factors motivated the people in Latin America to ask for independence from all foreign countries and asked to make their own economic and financial decisions. At the same time, those who worked in the state lost all faith in the government and demanded instant change to improve the country's situation. This was the beginning of a new powerful government.
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