how did countries in latin america, africa, and asia integrate themselves into the global economy in the late twentieth century? select all that apply.

Answers

Answer 1

Answer:

In the late twentieth century, countries in Latin America, Africa, and Asia integrated themselves into the global economy in a variety of ways, including:

Export-oriented growth: Many developing countries pursued export-oriented growth strategies, which involved focusing on the production and export of goods for the global market. This approach was particularly popular in Latin America and Asia, where countries such as Brazil, Mexico, and South Korea became major exporters of manufactured goods and commodities such as oil, soybeans, and electronics.Foreign direct investment: Another way in which developing countries integrated themselves into the global economy was through foreign direct investment (FDI), which involved attracting investment from foreign companies and investors. This approach was particularly popular in Africa, where countries such as Nigeria and South Africa attracted significant FDI in sectors such as mining and telecommunications.Liberalization and privatization: Many developing countries also pursued policies of economic liberalization and privatization, which involved reducing government regulation and control of the economy and promoting private enterprise. This approach was particularly popular in Latin America, where countries such as Chile and Argentina implemented market-oriented reforms in the 1990s.Regional integration: Some developing countries also integrated themselves into the global economy through regional integration, which involved forming economic alliances and integrating their economies with those of neighboring countries. This approach was particularly popular in Latin America, where countries such as Mexico and Brazil were members of regional trading blocs such as NAFTA and Mercosur.

Overall, the integration of developing countries into the global economy in the late twentieth century involved a range of approaches, including export-oriented growth, foreign direct investment, liberalization and privatization, and regional integration. While these approaches brought some benefits, such as increased trade and investment, they also posed challenges, such as increased competition and volatility in global markets, and uneven distribution of benefits within and between countries.


Related Questions

How are the people of Washington working to address the problem of overfishing in their state? Choose three correct answers.

by limiting fishing for recreational purposes
by closing some fisheries in tribal communities
by setting a rate on harvesting certain types of fish
by removing salmon from the diet of most tribal groups
by increasing the construction of dams along the area’s rivers
by banning all salmon and steelhead trout fishing along the coast

Answers

Answer: - By limiting fishing for recreational purposes

- By closing some fisheries in tribal communities

- By setting a rate on harvesting certain types of fish

Explanation: The people of Washington are working to address the problem of overfishing in their state through the following three correct approaches:

By limiting fishing for recreational purposes: Washington has implemented regulations and restrictions on recreational fishing to manage fish populations and prevent overfishing.  These limitations can include catch limits, size restrictions, and seasonal closures to protect vulnerable species and ensure sustainable fishing practices.

By closing some fisheries in tribal communities: The state of Washington works closely with tribal communities to manage fisheries sustainably.  In some cases, fisheries may be temporarily closed or restricted in tribal areas to allow fish populations to recover and ensure long-term sustainability.

By setting a rate on harvesting certain types of fish: Washington has implemented fishing quotas and catch limits for certain species to prevent overfishing and ensure their populations can thrive.  These quotas are based on scientific assessments of fish stocks and are designed to maintain a sustainable balance between fishing activities and the health of the ecosystems.

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