When the ISI model was introduced in Latin America,its effect from the 1930s to the 1970s was to curtail economic development.

Question

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The ISI (Import Substitution Industrialization) model aimed to reduce foreign dependency through local production of industrialized products, leading to periods of economic growth and industrial development in various Latin American countries from the 1930s to the 1970s.

When the ISI Model Was Introduced in Latin America,its Effect