Which statement best describes the situation in Chile during the 1990s?
A) Chile enjoyed low inflation, good credit, steady growth, and diversified exports.
B) Chile defaulted in its foreign debt.
C) Chile had never had a dictator in power.
D) Chile suffered from high inflation and bad credit.

Question

Quizplus · Accepted Answer

During the 1990s, Chile was recognized for its economic stability, which included low inflation, good credit ratings, steady economic growth, and a diversification of its export base. This period followed the dictatorship of Augusto Pinochet, and the country focused on economic reforms that contributed to its stability and growth.

Which Statement Best Describes the Situation in Chile During the 1990s