Which of the Following Statements Most Accurately Describes the Economy

Which of the following statements most accurately describes the economy of Latin America in the period from 1880 to 1920?

A) The collapse of worldwide demand for raw materials led to a stagnation and then a contraction of economies throughout Latin America.
B) Latin America experienced a spurt of economic growth fueled by the increasing demand for raw materials, foodstuffs, and tropical crops.
C) Although the demand in industrialized countries for raw materials fell off, the slump in exports was more than overcome by a dramatic surge in industrial production and export.
D) The period was marked by increasing government control of all facets of production and increasing tariffs placed on commercial exports.