What was a consequence of Milton Friedman's market principles for the Global South?
A) Because of these principles,markets in these economies saw unprecedented growth.
B) The gap between the rich and the poor in the developing world decreased significantly.
C) Major capital projects commenced,such as the building of dams for hydroelectric power.
D) Interest on loans made to these countries soared beyond their ability to pay.

Question

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One of the consequences of Milton Friedman's market principles for the Global South was that interest on loans made to these countries soared beyond their ability to pay. This resulted in a significant amount of debt for these countries, which had negative economic and social impacts.

What Was a Consequence of Milton Friedman's Market Principles for the Global