When socialist Salvador Allende was elected the Chilean economists who had been trained in the United States developed a lengthy economic model using the theories of Milton Friedman. It advocated opening Chile to foreign investors and decreasing social spending. This economic model was called: When socialist Salvador Allende was elected the Chilean economists who had been trained in the United States developed a lengthy economic model using the theories of Milton Friedman. It advocated opening Chile to foreign investors and decreasing social spending. This economic model was called: The Bonanza The Brick The Broom The Bridge