Which of the following statements best describes the level of development found in latin america? a. most countries in the region have a standard of living similar to that found in the us. b. most countries have a standard of living at or higher than the global average. c. most countries in the region have a very low standard of living, similar to that found in sub-saharan africa. d. all countries have among the highest standard of living in the world.

C. Most countries in the region have a very low standard of living, similar to that found in sub-Saharan Africa.

Explanation:

    Latin America is part of the American Continent with colonization of Latinos (Portuguese and Spanish). It has underdevelopment problems with high external debts. In the 1990s Latin America achieved some economic stability, allowing foreign capital to enter and greater investment by local entrepreneurs in the productive sectors. Despite the high external debt, there has been economic growth.

    20 countries are part of Latin America, namely: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay and Venezuela.