Which of the following represents a response among many Latin American countries to the global repercussions of the Great Depression?

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Import substitution industrialization was a response among many Latin American countries to the global repercussions of the Great Depression. It involved a policy of promoting domestic production of goods and reducing dependence on imported goods, in order to protect local industries from foreign competition and mitigate the effects of the economic crisis. This approach was favored by many Latin American governments as it promised to promote industrialization and reduce vulnerability to external economic shocks.

Which of the Following Represents a Response Among Many Latin