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Which administration's actions worsened the economic crisis during Fernando de la Rúa's term?
Raúl Alfonsín
Carlos Menem
Ricardo Balbín
Carlos Álvarez
Answer
The administration of Carlos Menem, which preceded that of Fernando de la Rúa, was responsible for a number of economic policies that contributed to the economic crisis that occurred during de la Rúa's term. Menem's policies included privatization of state-owned industries, deregulation of the financial sector, and a reduction in social spending. These policies led to an increase in inflation, unemployment, and poverty, and a decline in economic growth.
Fernando de la Rúa: Test Your Knowledge on Argentina's Tragic President
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Who was the leader of the party Fernando de la Rúa unsuccessfully opposed in the pact of Olivos?
What was the economic condition like in Argentina at the end of 2001?
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