In the 1980s,which factor contributed to slow growth in Latin America countries?

Name: In the 1980s,which factor contributed to slow growth in Latin America countries?
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

Excessive government intervention in the economy contributed to slow growth in Latin America countries in the 1980s. Many countries had high levels of nationalization and price controls that discouraged private investment and led to inefficiencies and corruption. This, in turn, led to high inflation rates and low economic growth.

In the 1980s,which Factor Contributed to Slow Growth in Latin