Question

Why were Latin American countries industrialized later than Europe and the United States?

O Latin American businesses built many factories but the factories failed to be profitable for the owners.
O Latin American governments created laws that prevented private ownership of many types of factories.
O Latin American companies lacked access to natural resources needed to create products through industry.
O Latin American workers had developed skills specific to natural resources and trade rather than industrialization

Answer 1

Answer: Latin American workers had developed skills specific to natural resources and trade rather than industrialization

Explanation: Why did Latin America industrialize so late?

Latin America was late to industrialize for two primary reasons: economic instability following their independence wars and a lack of support.