After reviewing Chapters 15, 16 and 17, answer the following questions:
1. What are two major factors that discouraged entrepreneurs in Latin America from creating and growing legitimate businesses? Be sure to include the notion of property rights in your answer.
2. Dietz and Dilmus contended that governments and lenders over- expanded in unrealistic expectation of continued growth. In the late 1970s and through the 1980s what kinds of crises were created? What types of policies were they exacerbated by?