Although initially successful in achieving impressive economic growth, import substitution ultimately
a. was proven to be incapable of sustaining economic growth due to resistance from labor groups.
b. led to inefficient and uncompetitive industries due to their dependence on state subsidies.
c. was proven to be incapable of sustaining economic growth due to resistance from large firms that wanted to grow their foreign markets in Latin America.
d. was proven to be incapable of sustaining economic growth due to resistance from the bourgeoisie.
e. was proven to be incapable of sustaining economic growth due to resistance from foreign capitalists and multinational corporations.
Question 2
Edge cities are new boom towns featuring retail shops, malls, restaurants, office buildings, and housing developments far from the closest central city.
a. True
b. False
Indicate whether the statement is true or false
