Which economic development strategy gained prominence in Argentina following the 1930 global depression?
Answer and explanation
Correct answer: D. Import Substitution Industrialization (ISI)
- Step 1: The collapse of global trade forced Argentina to manufacture previously imported goods. Step 2. Textile, food, metalworking, and appliance industries expanded rapidly in Buenos Aires. Answer: Import Substitution Industrialization (ISI). Why not the others: This spurred massive domestic migration from interior provinces to the capital's suburbs.
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