Question

In many Latin American nations, reliance on the production of a single cash crop has led to

a.
economic dependence on other nations.
b.
rapid repayment of foreign loans.
c.
a high per capita Gross National Product.
d.
development of a strong industrial economy.

Answer 1

a. Economic dependence on other nations is the outcome of reliance on the production of a single cash crop in many Latin American nations.

Reliance on the production of a single cash crop, also known as monoculture, can lead to economic dependence on other nations because it often results in a lack of diversification in the economy. This means that the nation becomes heavily reliant on the export of a single crop, such as coffee or bananas, and may not have a strong domestic market or other industries to rely on.