Question

Elements of populism in Latin America countries have often included all of the following EXCEPT:

a. Rule by caudillos (strong, charismatic leaders) with less emphasis on the “rule of law.”

b. Nationalization of key industries by the government.

c. Expanded programs to encourage entrepreneurship and the private sector.

d.         Anti-globalization, trade protectionism and import substitution programs

Answer 1

If we anaylze the tradition of populism in Latin America then we can see three things in clear manner.

These three are -

1. Latin countries has seen rule of strong, charismatic leader who relies more on personal cult to extend his rule than on the "rule of law".

2. Government of such strong leaders has emphasized on the nationalization of key industries.

3. Programs related to anti-globalization, trade protectionism and import substitution are run with strong nationalisitc endeavors.

Hence, the correct answer is the option (c).