Since 2000,a number of Central and South American countries have elected anti-neoliberalist governments.How has this sentiment been reflected in their economic development plans?
A) They nationalized their key resource industries.
B) Some have bolstered their armed forces to attack the drug cartels.
C) They solidified the position of large agribusiness to strengthen the export of crops.
D) Most of them moved quickly to deregulate the marketplace.

Question

Quizplus · Accepted Answer

Many Central and South American countries have elected anti-neoliberal governments that have demonstrated a willingness to nationalize key industries such as oil and gas. This move has often been seen as a rejection of the neoliberal policies of privatization and deregulation that were common in the region in the past. By taking control of these industries, these countries hope to use them to develop their economies and improve the lives of their citizens.

B is incorrect as not all countries have bolstered their armed forces in response to drug cartels.

C is incorrect as strengthening large agribusinesses can be seen as a continuation of neoliberal policies that favor a focus on exports and foreign investment.

D is incorrect as anti-neoliberal governments have generally moved away from deregulation and instead sought to increase state intervention in the economy.

Since 2000,a Number of Central and South American Countries Have