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Highly damaged Argentina´s economy and society.
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Reorganized Argentine society, economy and politics. Economic success and growth. Started to develop the agricultural industry for domestic use and exportation. European immigration. Great period.
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The Belle Epoque of Argentina´s economy. Argentina is one of the top 10 economies worldwide
-- huge economic growth based on agricultural exportation model
-- supplier of raw materials, mainly of Great Britain
-- exported agricultural products and imported manufactured goods for domestic use
-- GDP per capita increased 3.4% annually
-- industrial sector was small
-- high economic dependence on other countries
-- some social problems with working class -
-- imports decreased drastically
-- period of low foreign investment
-- showed how dependent Argentina was -
-- exports decreased by 70%
-- period of low foreign investment -
-- social, political and economic instability
-- import substitution industrialization started being introduced -
-- imports decreased drastically
-- period of low foreign investment
-- showed how dependent Argentina was
-- based on these, Argentina will seek to industrialize
-- left Argentina in an advantageous situation --> lots of natural resources needed for European countries to recover // high demand of Argentine goods -
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