"The progress of the railways in the Argentine Republic, constructed mainly with British capital and managed by British boards of directors, has completely transformed the economic landscape. The iron road has connected the fertile pampas directly to the ports of Buenos Aires and Rosario, allowing for the rapid transit of agricultural products to European markets. These transnational enterprises, backed by joint-stock investment in London, not only generate substantial dividends for foreign shareholders but also consolidate the integration of South American production into the global industrial economy."
—Adapted from a British consular report on the economic development of Argentina, 1885
Which of the following processes in the nineteenth century is best illustrated by the developments described in the passage?
- The growth of transnational businesses that relied on foreign investment to integrate developing economies into global trade networks.Cevap
- BThe continuation of mercantilist policies designed to restrict trade to colonial monopolies.
- CThe shift from economic influence to direct colonial administration and territorial annexation in Latin America.
- DThe introduction of moderate legislative reforms by the state to protect workers and phase out capitalist enterprises.