What are examples of ways that South American attempts at industrialization were thwarted by foreign competition?

What will be an ideal response?


A. Foreign competition in South America
1. Peru's guano industry
a. depleted by overexploitation
b. competition from African guano and chemical superphosphates
undermined a monopoly on which governments had staked all
their economic plans
2. Brazil rubber industry
a. lost its rubber monopoly when British businessmen smuggled
plants out to Malaya
3. Mexico lost its unmined gold, silver and untapped oil
a. in war with the United States in 1846–1848
4. Argentina
a. frozen meat exports and a meat-extract processing industry made
the dominance of ranching in the pampa seem like a wise strategy
b. economy remained at the mercy of foreign investment and
precarious global markets

History

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Patrick Henry feared Hamilton's economic plan because

a. he believed it would undermine slavery. b. he feared increasing the national debt. c. he believed it would favor northern states over southern. d. it did not include a national bank.

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Russian landlords considered serfs to be __________.

A. priceless agricultural specialists B. economic commodities C. an endless supply of tax revenue D. responsible professionals

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