Final answer:
Argentina is an emerging market due to economic reforms, abundant natural resources, and a well-educated workforce, despite facing historical government control challenges.
Step-by-step explanation:
Argentina is considered to be an emerging market for several reasons, which includes their economic reforms and liberalization policies that have stimulated growth. The country possesses an abundance of natural resources, significant in the agricultural sector, positioning Argentina as a major beef exporter, thus contributing to its growing economy.
Additionally, an educated workforce and adequate infrastructure support the expansion of industrial production. Yet, the process has been challenging due to the historical legacy of government economic controls, which are being dismantled gradually to encourage a market-oriented economy. This strategy mirrors the successful economic growth witnessed by other countries that have liberalized their economies, such as Chile.