Question

The Latin American debt crisis and economic restructuring in the 1980's led to the ___________________

Answer 1

The Latin American debt crisis and economic restructuring in the 1980's led to economic difficulties for countries in the region.

Step-by-step explanation:

The Latin American debt crisis and economic restructuring in the 1980's led to the inability to repay borrowed money and large interest payments for several countries. Latin America's large economies, including Mexico and Brazil, ran large trade deficits and borrowed heavily from abroad in the 1970s. However, the inflow of financial capital did not boost productivity sufficiently, leading to economic troubles in the 1980s.