Final answer:
Bogotá, Colombia is known as the Athens of South America due to its many universities and libraries, echoing the rich educational tradition of ancient centers like Athens and the Museum of Alexandria.
Step-by-step explanation:
The city known as the Athens of South America because of its numerous universities and libraries is Bogotá, Colombia. This nickname is derived from the fact that Bogotá, like the ancient city of Athens, is a significant cultural and educational center within its region. With a multitude of higher education institutions and scholarly resources, Bogotá has earned a reputation for being a hub of learning and academia reminiscent of the renowned centers of education in ancient Greece, such as the Academy and the Lyceum in Athens itself or the Museum of Alexandria in Egypt, which housed the world's largest library and was a premier site of learning during the Hellenistic period.