1. lack of investment capital.
After WWII, Latin America’s main problem was lack of investment capital. Most countries were focused on rebuilding Europe, and investing on the United States’ growing new economy.
2. relocation of millions of workers to cities.
With industrialization comes population changes, and one of the most common ones is the move of people from rural areas to cities. This is because cities have more jobs in the new factories that come with industrialization.
3. the fall of the Soviet Union.
The fall of the Soviet Union did not occur until the end of the 1980s, and it represented the end of the Cold War.
4. Communism disappeared from Latin America.
Communism did not disappear from Latin America. Cuba remained a communist country, and Venezuela followed not long after. Many other governments remained sympathetic to communist ideologies.
Augusto Pinochet was a dictator in Chile after the coup of 1973.
6. provide a way to encourage regional cooperation in Latin America.
The OAS’s main goal is to promote cooperation in Latin America through trade deals, cultural exchanges and other similar interactions.
7. As the head of a nationalist army, he defeated traditional warlords.
Mao Zedong was a Chinese communist revolutionary, who is now considered the founding father of the People’s Republic of China.
8. A 15-year plan
The Great Leap Forward was a project initiated by Mao Zedong through which he wanted to change China from an agrarian society to an industrialized one. The project was meant to take place over five years, and it was extremely damaging for the Chinese population.
9. Jawaharlal Nehru
Jawaharlal Nehru was the first Prime Minister of India and a central figure in Indian politics during and after the movement for independence.