Why was an increase in domestic manufacturing a good response to global economic depression for Latin America?

An increase in domestic manufacturing during the global economic depression provided Latin America with a means to reduce reliance on foreign imports, which were often constrained by international trade disruptions. By fostering local industries, countries could create jobs, stimulate economic growth, and enhance self-sufficiency. This shift not only helped mitigate the immediate impacts of the depression but also laid the foundation for more sustainable economic development by diversifying their economies. Additionally, it empowered local businesses and encouraged innovation within the region.