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. Throughout the 1900’s, many Latin American countries’ economies were impacted by extreme: • Rationing • Inflation • Industrialization
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What do you think? Rationing: a fixed amount of (a particular commodity). Inflation: a sustained increase in the general price level of goods and services in an economy over a period of time. Industrialization: The process in which a society or country transforms itself from a primarily agricultural society into one based on the manufacturing of goods and services.
umm inflation?
Prices went up in the 90s. You got the right idea.
To me, that is the one that makes the most sense.
Industrialization
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