Word: latinizing
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Dates: during 1960-1969
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...Latin America's problems do not permit simple solutions...
...First, Latin America must complete the foundations for modern technological societies through extensive expenditures on schools, roads, dams, housing, and training. We cannot expect private capital to underwrite these long-term investments, for profits will be delayed. Thus, the United States must provide additional foreign aid as capital for such long-term investments...
...must also encourage mass education, expand the work of the Peace Corps, abolish antiquated trade restrictions and provide trade preferences for Latin America...
Third, the Alliance for Progress is seen by many Latin Americans as solely a United States venture. We must make it increasingly a Latin American venture, by encouraging self-help and self-management, with priorities determined by the nation we are attempting to aid rather than by the United States...
Fourth, in too many Latin American countries the political process still favors the economically privileged. We must help Latin America increase the glacial pace of tax and land reforms and speed up the needed redistribution of social, political, and economic power...