Why was an increase in domestic manufacturing a good response to global economic depression for Latin America? Exports of raw goods became a focus of industrialized nations, leaving Latin America behi

Why was an increase in domestic manufacturing a good response to global economic depression for Latin America?

Exports of raw goods became a focus of industrialized nations, leaving Latin America behind.

A reduction in tariffs made exporting manufactured goods an economic solution for Latin America.

Manufacturing domestically was a substitute for overpriced imports from industrialized nations.

Imported goods were devalued by the economic downturn, making it a better choice for Latin America.