Historically, populist leaders in Latin America were associated with which economic strategy?

Question

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Populist leaders in Latin America were historically associated with import-substitution industrialization, which prioritized domestic industry over foreign imports and aimed to promote economic growth and modernization. This approach was popular in the mid-20th century but eventually fell out of favor as it proved unsustainable and led to economic stagnation.

Historically, Populist Leaders in Latin America Were Associated with Which