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by Jamera Saintil
Wildlif Bayard
Ismanuella Denis
Stephenie Eliassin
Lukas Balsm
Before the 1920s, Argentina mostly had domesticated industries
Some of the industries were:
Argentina’s exports included:
The wheat and meat industries were two of the main industries in Argentina
Linseed and corn were some other important industries during the 1920s however, the linseed market had crashed/collapsed during the 1930s causing Argentina to become less involved with its production.
Effects of the policies and economics on Argentina
President Hipolito Yrigoyen
Jose Felix Uriburu
Ramon Castillo
was a democracy but with a system to cheat the people that allows the landowners to keep their land
1930 General José Félix Uriburu rebuild the same democracy as before.
1932 Agustín Pedro Justo won the voting
conservatives were saying that argentina were not ready for democracy and that the cheating in the voting were good. Because of that the thirtys are famous as década infame (infamous decade).
Because the trade collapsed in the crisis they made a Import substitution policy with the plan to be more interdependently from the economy. Even with this plan they made a pact with england. The Roca-Runicam-pact (1933) to get into the meat market and to get a interdependently national bank. (founder 1935 with English capital)
1938 Roberto María Ortiz were voted into presidency.
1942 Ortiz resigned because he was ill and Ramón Castillo became the next president. Ramon whitedrawn the attempt to be a democracy (citizens and military were against him). In World War 2 Ramon guided a neutral politic.
https://en.wikipedia.org/wiki/Economic_history_of_Argentina
http://www.slideshare.net/jerogers/argentina-and-the-great-depression
The National Autonous Party (PAN) was replace by the Radical Party
Argentina beacme a full democracy with the election of the radical party lead by Hipolito Yiriogoyen in 1916
Argentina grew as a democratic country until it was 1930 where there was a military coup that occurred and kept Argentina in a period of dictatorship until the 1980s.
Argentina's industry was a largely domestic, which lead to limited foreign investiment until the 1920s
During the Great Depression, Argentina had to grow in industrial and domestic industries because the foreign market came to a standstill
Argentina had the strongest economy in South America with the annual growth of 6.3% an average between the years 1860 to 1930.
The citizens of Argentina wanted a government to focus on economic natIonalism rather than traditional economic system which focused on foreign trade
Argentina export's had been majority affected beacuse the greatly because they greatly depended on foreign trade
YPF (Yacimientos Petrolíferos Fiscales)
A state run oil company that competes against foreign interests.
This company would:
The first YRP oil refinery was introduced in December 1925 in Ensenada, Buenos Aires, Argentina
First state-owned oil company created
Its significance
In May 1929, the YRP lowered the price of oil forcing other companies to do the same. This helped keep foreign gas prices competitive.