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What major industry did Luis Arce help nationalize?

  • Hydrocarbons

  • Telecommunications

  • Mining

  • Agriculture

Answer

Hydrocarbons, primarily oil and gas, were a major industry that Luis Arce helped nationalize. As Bolivia's Minister of Economy and Public Finance from 2006 to 2017, Arce played a key role in implementing policies that brought the country's hydrocarbon reserves under state control. This move aimed to increase government revenue and promote economic development by giving Bolivia greater control over its natural resources.
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