Events & Promotions
|
|
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.
Customized
for You
Track
Your Progress
Practice
Pays
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Nov 1811:00 AM PST
-12:00 PM PST
Join us in a live GMAT practice session and solve 30 challenging GMAT questions with other test takers in timed conditions, covering GMAT Quant, Data Sufficiency, Data Insights, Reading Comprehension, and Critical Reasoning questions.
Nov 2211:00 AM IST
-01:00 PM IST
Do RC/MSR passages scare you? e-GMAT is conducting a masterclass to help you learn – Learn effective reading strategies Tackle difficult RC & MSR with confidence Excel in timed test environment- Nov 23
11:00 AM IST
-01:00 PM IST
Attend this free GMAT Algebra Webinar and learn how to master the most challenging Inequalities and Absolute Value problems with ease. 
Nov 2510:00 AM EST
-11:00 AM EST
Prefer video-based learning? The Target Test Prep OnDemand course is a one-of-a-kind video masterclass featuring 400 hours of lecture-style teaching by Scott Woodbury-Stewart, founder of Target Test Prep and one of the most accomplished GMAT instructors.
AbdurRakib
Joined: 11 May 2014
Last visit: 08 Nov 2025
Posts: 465
Given Kudos: 220
Status:I don't stop when I'm Tired,I stop when I'm done
Location: Bangladesh
Concentration: Finance, Leadership
Schools: Wharton '20 Yale '20 Tepper '20
GPA: 2.81
WE:Business Development (Real Estate)
Updated on: 03 Jun 2025, 08:28
Originally posted by AbdurRakib on 26 Jul 2016, 13:37.
Last edited by Bunuel on 03 Jun 2025, 08:28, edited 4 times in total.
Last edited by Bunuel on 03 Jun 2025, 08:28, edited 4 times in total.
Formatted
Kudos
Bookmarks
Question 1
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
15%
(low)
Question Stats:
79% (02:29) correct
21%
(02:35) wrong
based on 7372
sessions
History
Date
Time
Result
Not Attempted Yet
Question 2
D
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
5%
(low)
Question Stats:
79% (01:03) correct 21%
(01:29) wrong
based on 7170
sessions
History
Date
Time
Result
Not Attempted Yet
Question 3
B
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
55%
(hard)
Question Stats:
58% (01:52) correct 42%
(02:04) wrong
based on 7127
sessions
History
Date
Time
Result
Not Attempted Yet
Line
During the 1980s, many economic historians studying Latin America focused on the impact of the Great Depression of the 1930s. Most of these historians argued that although the Depression
(5)
began earlier in Latin America than in the United States, it was less severe in Latin America and did not significantly impede industrial growth there. The historians’ argument was grounded in national government records concerning tax revenues and
(10)
exports and in government-sponsored industrial censuses, from which historians have drawn conclusions about total manufacturing output and profit levels across Latin America. However, economic statistics published by Latin American
(15)
governments in the early twentieth century are neither reliable nor consistent; this is especially true of manufacturing data, which were gathered from factory owners for taxation purposes and which therefore may well be distorted. Moreover,
(20)
one cannot assume a direct correlation between the output level and the profit level of a given industry as these variables often move in opposite directions. Finally, national and regional economies are composed of individual firms and industries,
(25)
and relying on general, sweeping economic indicators may mask substantial variations among these different enterprises. For example, recent analyses of previously unexamined data on textile manufacturing in Brazil and Mexico suggest that the
(30)
Great Depression had a more severe impact on this Latin American industry than scholars had recognized.
During the 1980s, many economic historians studying Latin America focused on the impact of the Great Depression of the 1930s. Most of these historians argued that although the Depression
began earlier in Latin America than in the United States, it was less severe in Latin America and did not significantly impede industrial growth there. The historians’ argument was grounded in national government records concerning tax revenues and
exports and in government-sponsored industrial censuses, from which historians have drawn conclusions about total manufacturing output and profit levels across Latin America. However, economic statistics published by Latin American
governments in the early twentieth century are neither reliable nor consistent; this is especially true of manufacturing data, which were gathered from factory owners for taxation purposes and which therefore may well be distorted. Moreover,
one cannot assume a direct correlation between the output level and the profit level of a given industry as these variables often move in opposite directions. Finally, national and regional economies are composed of individual firms and industries,
and relying on general, sweeping economic indicators may mask substantial variations among these different enterprises. For example, recent analyses of previously unexamined data on textile manufacturing in Brazil and Mexico suggest that the
Great Depression had a more severe impact on this Latin American industry than scholars had recognized.
1. The primary purpose of the passage is to
A. compare the impact of the Great Depression on Latin America with its impact on the United States
B. criticize a school of economic historians for failing to analyze the Great Depression in Latin America within a global context
C. illustrate the risks inherent in comparing different types of economic enterprises to explain economic phenomena
D. call into question certain scholars’ views concerning the severity of the Great Depression in Latin America
E. demonstrate that the Great Depression had a more severe impact on industry in Latin America than in certain other regions
A. compare the impact of the Great Depression on Latin America with its impact on the United States
B. criticize a school of economic historians for failing to analyze the Great Depression in Latin America within a global context
C. illustrate the risks inherent in comparing different types of economic enterprises to explain economic phenomena
D. call into question certain scholars’ views concerning the severity of the Great Depression in Latin America
E. demonstrate that the Great Depression had a more severe impact on industry in Latin America than in certain other regions
2. Which of the following conclusions about the Great Depression is best supported by the passage?
A. It did not impede Latin American industrial growth as much as historians had previously thought.
B. It had a more severe impact on the Brazilian and the Mexican textile industries than it had on Latin America as a region.
C. It affected the Latin American textile industry more severely than it did any other industry in Latin America.
D. The overall impact on Latin American industrial growth should be reevaluated by economic historians.
E. Its impact on Latin America should not be compared with its impact on the United States
A. It did not impede Latin American industrial growth as much as historians had previously thought.
B. It had a more severe impact on the Brazilian and the Mexican textile industries than it had on Latin America as a region.
C. It affected the Latin American textile industry more severely than it did any other industry in Latin America.
D. The overall impact on Latin American industrial growth should be reevaluated by economic historians.
E. Its impact on Latin America should not be compared with its impact on the United States
3. Which of the following, if true, would most strengthen the author’s assertion regarding economic indicators in lines 25–27 ?
A. During an economic depression, European textile manufacturers’ profits rise while their industrial output remains steady.
B. During a national economic recession, United States microchips manufacturers’ profits rise sharply while United States steel
manufacturers’ profits plunge.
C. During the years following a severe economic depression, textile manufacturers’ output levels and profit levels increase in Brazil and
Mexico but not in the rest of Latin America.
D. Although Japanese industry as a whole recovers after an economic recession, it does not regain its previously high levels of production.
E. While European industrial output increases in the years following an economic depression, total output remains below that of Japan or the United States.
A. During an economic depression, European textile manufacturers’ profits rise while their industrial output remains steady.
B. During a national economic recession, United States microchips manufacturers’ profits rise sharply while United States steel
manufacturers’ profits plunge.
C. During the years following a severe economic depression, textile manufacturers’ output levels and profit levels increase in Brazil and
Mexico but not in the rest of Latin America.
D. Although Japanese industry as a whole recovers after an economic recession, it does not regain its previously high levels of production.
E. While European industrial output increases in the years following an economic depression, total output remains below that of Japan or the United States.
OG 2019 ID's:
RC00333-01
RC00333-02
RC00333-04
27 Jul 2016, 22:26
Kudos
Bookmarks
1) The primary purpose of the passage is to
A. compare the impact of the Great Depression on Latin America with its impact on the United States - Incorrect. The passage does not compare the impact of Great Depression on Latin America with other nations. Rather the passage is focused on the impact of Great Depression on the industrial growth in Latin America.
B. criticize a school of economic historians for failing to analyze the Great Depression in Latin America within a global context - Incorrect. Global context?
C. illustrate the risks inherent in comparing different types of economic enterprises to explain economic phenomena - Incorrect. Out of context
D. call into question certain scholars’ views concerning the severity of the Great Depression in Latin America - Correct
E. demonstrate that the Great Depression had a more severe impact on industry in Latin America than in certain other regions - Incorrect. Same reason as A. The passage does not compare the impact of GD in Latin America with other regions.
Answer: D
2) Which of the following conclusions about the Great Depression is best supported by the passage?
Refer: Historians think that GD was less severe in Latin America and did not significantly impede industrial growth. The passage provides reasons to disprove the view of the historians.
Answer: D
3) Which of the following, if true, would most strengthen the author’s assertion regarding economic indicators in lines 25–27 ?
Refer: "Finally, national and regional economies are composed of individual firms and industries, and relying on general, sweeping economic indicators may mask substantial variations among these different enterprises."
A. During an economic depression, European textile manufacturers’ profits rise while their industrial output remains steady. - Incorrect. Focus is only on textile manufacturers.
B. During a national economic recession, United States microchips manufacturers’ profits rise sharply while United States steel manufacturers’ profits plunge. - Correct. We have two different industries: Microchip and steel. There is a variation between the 2 industries profits.
C. During the years following a severe economic depression, textile manufacturers’ output levels and profit levels increase in Brazil and Mexico but not in the rest of Latin America. - Incorrect. Only textile manufacturers are considered.
D. Although Japanese industry as a whole recovers after an economic recession, it does not regain its previously high levels of production. - Incorrect. Japanese industry as a whole is considered.
E. While European industrial output increases in the years following an economic depression, total output remains below that of Japan or the United States. - Incorrect. Same reason as before.
Answer: B
A. compare the impact of the Great Depression on Latin America with its impact on the United States - Incorrect. The passage does not compare the impact of Great Depression on Latin America with other nations. Rather the passage is focused on the impact of Great Depression on the industrial growth in Latin America.
B. criticize a school of economic historians for failing to analyze the Great Depression in Latin America within a global context - Incorrect. Global context?
C. illustrate the risks inherent in comparing different types of economic enterprises to explain economic phenomena - Incorrect. Out of context
D. call into question certain scholars’ views concerning the severity of the Great Depression in Latin America - Correct
E. demonstrate that the Great Depression had a more severe impact on industry in Latin America than in certain other regions - Incorrect. Same reason as A. The passage does not compare the impact of GD in Latin America with other regions.
Answer: D
2) Which of the following conclusions about the Great Depression is best supported by the passage?
Refer: Historians think that GD was less severe in Latin America and did not significantly impede industrial growth. The passage provides reasons to disprove the view of the historians.
Answer: D
3) Which of the following, if true, would most strengthen the author’s assertion regarding economic indicators in lines 25–27 ?
Refer: "Finally, national and regional economies are composed of individual firms and industries, and relying on general, sweeping economic indicators may mask substantial variations among these different enterprises."
A. During an economic depression, European textile manufacturers’ profits rise while their industrial output remains steady. - Incorrect. Focus is only on textile manufacturers.
B. During a national economic recession, United States microchips manufacturers’ profits rise sharply while United States steel manufacturers’ profits plunge. - Correct. We have two different industries: Microchip and steel. There is a variation between the 2 industries profits.
C. During the years following a severe economic depression, textile manufacturers’ output levels and profit levels increase in Brazil and Mexico but not in the rest of Latin America. - Incorrect. Only textile manufacturers are considered.
D. Although Japanese industry as a whole recovers after an economic recession, it does not regain its previously high levels of production. - Incorrect. Japanese industry as a whole is considered.
E. While European industrial output increases in the years following an economic depression, total output remains below that of Japan or the United States. - Incorrect. Same reason as before.
Answer: B
08 Mar 2020, 10:14
Kudos
Bookmarks
Harsh2111s
Harsh2111s is on the right track! I'll explain a bit more in case it's useful.
First, take a look at the "claim" discussed in question #3:
- "National and regional economies are composed of individual firms and industries, and relying on general, sweeping economic indicators may mask substantial variations among these different enterprises."
Here, the author says that you can't use general economic indicators to draw specific conclusions, because these indicators will miss variation in the performance of "individual firms and industries."
To answer the question, we need to strengthen this claim. So, we are looking for something that shows that different firms or industries are experiencing different results.
Quote:
This doesn't provide a comparison between different firms/industries -- instead, it compares profits and output in one industry. Eliminate (A).
Quote:
Here we go! This shows that one industry (microchip manufacturing) had an increase in profits, while another industry (steel manufacturing) had a decrease in profits. This is exactly the kind of variation the author references in his/her claim. (B) is the correct answer to question #3.
I hope that helps!
