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After World War I, American Capitalists and Financiers Turned Southward

Question 24

Multiple Choice

After World War I, American capitalists and financiers turned southward in even larger numbers, with a tremendous amount of investment in Latin America. Which of these descriptions is untrue concerning those "jingoistic" moves?


A) American ingenuity, experience, and money were responsible for the major oil strikes in Venezuela.
B) Probably the most infamous exploitation of Latin America was that practiced by the United Fruit Company.
C) Mexico had Americans on its side of the border, owning or leasing one-fifth of the land surface there, while 80 percent of the country's petroleum fields were overseen by American firms - at least until the president of Mexico nationalized them.
D) One can validly argue that Latin America would never have achieved the little they did achieve without American investment in the early part of the 20th century.
E) The United States spearheaded the founding of the Organization of American States in part to ensure that democratic, pro-United States governments would be established in the Western hemisphere, but the primary reason for the OAS was to help Americans be more successful in dealing with legal issues and commercial exchanges between them and their neighbors to the south.

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