Which statement best describes the economies of the newly independent nations of South America during the nineteenth century?

These nations began industrializing through the process of import substitution.

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These nations developed subsistence farming economies to replace the imports of European grains.

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Latin America became dependent on the production of a small number of natural resources or cash crops for export to global markets.

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Latin America attracted large numbers of immigrants, which provided cheap labor for its growing industrial economy.

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Solution

The correct option is C Latin America became dependent on the production of a small number of natural resources or cash crops for export to global markets.
Latin America became dependent on the production of a small number of natural resources or cash crops for export to global markets.

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Which statement best describes the economies of the newly independent nations of South America during the nineteenth century?

The correct option is C Latin America became dependent on the production of a small number of natural resources or cash crops for export to global markets.Latin America became dependent on the production of a small number of natural resources or cash crops for export to global markets.

The correct option is C Latin America became dependent on the production of a small number of natural resources or cash crops for export to global markets.
Latin America became dependent on the production of a small number of natural resources or cash crops for export to global markets.