A novel feature of Paraguay's early postcolonial economic program was the
A) heavy stress on production of export crops.
B) encouragement of the influx of foreign capital.
C) establishment of state farms and ranches.
D) promotion of heavy industry.

Question

Quizplus · Accepted Answer

Paraguay's early postcolonial economic program was notable for the establishment of state farms and ranches, which was a novel approach at the time. This strategy was part of a broader effort to develop the country's economy through direct state intervention in agriculture.

A Novel Feature of Paraguay's Early Postcolonial Economic Program Was