Which of the following is one reason for Latin America's lack of economic growth since 1920?

Question

Quizplus · Accepted Answer

Government policies such as inflation and bank failures led to low savings and investment spending, ultimately affecting economic growth in Latin America since 1920. Overspending on education or poor natural resources cannot be identified as the reason for the lack of economic growth. Inability to compete with imported products may be a factor, but it is not as significant as the impact of government policies on savings and investments.

Which of the Following Is One Reason for Latin America's