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Economic History Of Chile (1973-1990)
The economy of Chile has shifted substantially over time from the heterogeneous economies of the diverse indigenous peoples to an early husbandry-oriented economy and finally to one of raw material export and a large service sector. Chile's recent economic history (since 1973) has been the focus of an extensive debate from which neoliberalism acquired its modern meaning. Chile emerged into independence as a rural economy on what was the periphery of the Spanish Empire. A period of relative free trade that began with independence in the 1810s brought a modernizing development of certain sectors of the Chilean economy. This was accompanied by formation of a local business class, a novelty in Chile. Chile experienced its first modern economic crisis with the Long depression in the 1870s. The exploitation of lucrative nitrate deposits of the north conquered in the War of the Pacific (1879–1884) marked a whole epoch in the history of Chile and the economic legacy of nitrate has been ...
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Economy Of Chile
The Economy of Chile is a market economy and World Bank high-income economy, high-income economy as ranked by the World Bank. The country is considered one of South America's most prosperous nations, leading the region in Competition, competitiveness, income per capita, globalization, economic freedom, and low perception of corruption. Although Chile has high economic inequality, as measured by the Gini index, it is close to the regional mean. In 2006, Chile became the country with the highest nominal GDP per capita in Latin America. In May 2010 Chile became the first South American country to join the Organisation for Economic Co-operation and Development, OECD. Tax revenues, all together 20.2069% of GDP in 2013, were the second lowest among the 34 OECD countries, and the lowest in 2010. Chile has an List of countries by inequality-adjusted HDI, inequality-adjusted human development index of 0.722, compared to 0.720, 0.710 and 0.576 for neighboring Argentina, Uruguay and Brazil, ...
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GDP Per Capita
Lists of countries by GDP per capita list the countries in the world by their gross domestic product (GDP) per capita. The lists may be based on nominal or purchasing power parity GDP. Gross national income (GNI) per capita accounts for inflows and outflows of foreign capital. Income inequality metrics measure the distribution of income between rich and poor. Lists *GDP ** List of countries by GDP (nominal) per capita ** List of countries by GDP (PPP) per capita *GNI ** List of countries by GNI (nominal) per capita ** List of countries by GNI (PPP) per capita This article includes a list of countries of the world sorted by their Gross National Income (GNI) per capita at purchasing power parity (PPP). For rankings regarding wealth, see list of countries by wealth per adult. List See also *List ... {{DEFAULTSORT:GDP per capita Lists of countries by GDP ...
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Sergio Villalobos
Sergio Villalobos Rivera (born April 19, 1930) is a Chilean historian, and Chilean National History Award The Chilean National History Award (Spanish: ''Premio Nacional de Historia''), part of the National Prize of Chile The National Prize of Chile ( es, Premio Nacional de Chile) is the collective name given to a set of awards granted by the government ... in 1992. Among his most significant works is the ''Historia del pueblo Chileno'' (''History of the Chilean people''). References 1930 births 20th-century Chilean historians 20th-century Chilean male writers 21st-century Chilean historians 21st-century Chilean male writers Chilean academics People from Angol Living people University of Chile alumni {{chile-historian-stub ...
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Luxury Good
In economics, a luxury good (or upmarket good) is a good for which demand increases more than what is proportional as income rises, so that expenditures on the good become a greater proportion of overall spending. Luxury goods are in contrast to necessity goods, where demand increases proportionally less than income. ''Luxury goods'' is often used synonymously with ''superior goods''. Definition The word "luxury" originated from the Latin word ''luxuria'', which means exuberance, excess, or abundance. A luxury good can be identified by comparing the demand for the good at one point in time against the demand for the good at a different point in time, at a different income level. When personal income increases, demand for luxury goods increases even more than income does. Conversely, when personal income decreases, demand for luxury goods drops even more than income does. For example, if income rises 1%, and the demand for a product rises 2%, then the product is a luxury good. ...
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Irrigation
Irrigation (also referred to as watering) is the practice of applying controlled amounts of water to land to help grow Crop, crops, Landscape plant, landscape plants, and Lawn, lawns. Irrigation has been a key aspect of agriculture for over 5,000 years and has been developed by many cultures around the world. Irrigation helps to grow crops, maintain landscapes, and revegetation, revegetate disturbed soils in dry areas and during times of below-average rainfall. In addition to these uses, irrigation is also employed to protect crops from frost, suppress weed growth in grain fields, and prevent soil consolidation. It is also used to cool livestock, reduce dust, dispose of sewage, and support mining operations. Drainage, which involves the removal of surface and sub-surface water from a given location, is often studied in conjunction with irrigation. There are several methods of irrigation that differ in how water is supplied to plants. Surface irrigation, also known as gravity irri ...
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Llama
The llama (; ) (''Lama glama'') is a domesticated South American camelid, widely used as a List of meat animals, meat and pack animal by Inca empire, Andean cultures since the Pre-Columbian era. Llamas are social animals and live with others as a herd. Their wool is soft and contains only a small amount of lanolin. Llamas can learn simple tasks after a few repetitions. When using a pack, they can carry about 25 to 30% of their body weight for 8 to 13 kilometre, km (5–8 miles). The name ''llama'' (in the past also spelled "lama" or "glama") was adopted by European colonization of the Americas, European settlers from Indigenous people in Peru, native Peruvians. The ancestors of llamas are thought to have originated from the Great Plains of North America about 40 million years ago, and subsequently migrated to South America about three million years ago during the Great American Interchange. By the end of the last Quaternary glaciation, ice age (10,000–12,000 years ago), ...
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Hunter-gatherer
A traditional hunter-gatherer or forager is a human living an ancestrally derived lifestyle in which most or all food is obtained by foraging, that is, by gathering food from local sources, especially edible wild plants but also insects, fungi, honey, or anything safe to eat, and/or by hunting game (pursuing and/or trapping and killing wild animals, including catching fish), roughly as most animal omnivores do. Hunter-gatherer societies stand in contrast to the more sedentary agricultural societies, which rely mainly on cultivating crops and raising domesticated animals for food production, although the boundaries between the two ways of living are not completely distinct. Hunting and gathering was humanity's original and most enduring successful competitive adaptation in the natural world, occupying at least 90 percent of human history. Following the invention of agriculture, hunter-gatherers who did not change were displaced or conquered by farming or pastoralist groups in ...
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Changos
The Changos, also known as Camanchacos or Camanchangos, are an indigenous people or group of peoples who inhabited a long stretch of the Pacific coast from southern Peru to north-central Chile, including the coast of the Atacama desert. Although much of the customs and culture of the Chango people have disappeared and in many cases they have been considered extinct, in Chile they are legally recognized as an original indigenous people since 2020, and about 4,725 people self-declare that they belong to this ethnic group. History Definition and context of the Changos The culture originated in the 8,000-year-old Chinchorro tradition. Due to a combination of conquest and integration into other cultures and ethnicities, the Chango culture is now considered extinct. However, in Chile they are legally recognized as an original indigenous people since 2020, and about 4,725 people self-declare that they belong to this ethnic grou The Changos were not a distinct tribe or ethnic group; ra ...
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Norte Grande
The Norte Grande (''Big North'', ''Far North'', ''Great North'') is one of the five natural regions into which CORFO divided continental Chile in 1950. It borders Peru to the north, the Pacific Ocean to the west, the Altiplano, Bolivia and Argentina to the east, and the Copiapó River to the south, beyond which lies the Norte Chico, Chile, Norte Chico natural region. Geography The Norte Grande, which extends from the Peruvian border to about 27° south latitude, a line roughly paralleled by the Copiapó river, is extremely arid. It contains the Atacama Desert, one of the driest areas in the world; in certain sections, this desert does not register any rainfall at all. Average monthly temperatures range at sea level between about 20.5 °C during the summer and about 14 °C during the winter. Most of the population lives in the coastal area, where the temperatures are more moderate and the humidity higher. The desert region is an elevated arid plateau descending grad ...
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Labor Force
The workforce or labour force is a concept referring to the pool of human beings either in employment or in unemployment. It is generally used to describe those working for a single company or industry, but can also apply to a geographic region like a city, state, or country. Within a company, its value can be labelled as its "Workforce in Place". The workforce of a country includes both the employed and the unemployed (labour force). Formal and informal Formal labour is any sort of employment that is structured and paid in a formal way.Seager, Joni. 2008. The Penguin Atlas of Women in the World. 4th ed. New York: Penguin Books. Part 5 Unlike the informal sector of the economy, formal labour within a country contributes to that country's gross national product. Informal labour is labour that falls short of being a formal arrangement in law or in practice. It can be paid or unpaid and it is always unstructured and unregulated.Seager, Joni. 2008. The Penguin Atlas of Women in th ...
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Informal Sector
An informal economy (informal sector or grey economy) is the part of any economy that is neither taxed nor monitored by any form of government. Although the informal sector makes up a significant portion of the economies in developing countries, it is sometimes stigmatized as troublesome and unmanageable. However, the informal sector provides critical economic opportunities for the poor and has been expanding rapidly since the 1960s. Integrating the informal economy into the formal sector is an important policy challenge. In many cases, unlike the formal economy, activities of the informal economy are not included in a country's gross national product (GNP) or gross domestic product (GDP). However, Italy has included estimates of informal activity in their GDP calculations since 1987, which swells their GDP by an estimated 18% and in 2014, a number of European countries formally changed their GDP calculations to include prostitution and narcotics sales in their official GDP sta ...
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Self-employment
Self-employment is the state of working for oneself rather than an employer. Tax authorities will generally view a person as self-employed if the person chooses to be recognised as such or if the person is generating income for which a tax return needs to be filed. In the real world, the critical issue for the tax authorities is not whether a person is engaged in a business activity (called "trading" even when referring to the provision of a service) but whether the activity is profitable and therefore potentially taxable. In other words, the activity of trading is likely to be ignored if no profit is present, so occasional and hobby- or enthusiast-based economic activity is generally ignored by the tax authorities. Self-employed people are usually classified as a sole proprietor (or sole trader), independent contractor, or as a member of a partnership. Self-employed people generally find their own work rather than being provided with work by an employer and instead earn income from ...
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