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Economic History Of Peru
The industries of the economy of Peru arose in response to the country's rich natural resources. During the regime of the Inca Empire, the economy was centrally planned, and labour was mandatory. Spanish explorers held the Incan system in much regard. Today, Peru has important mineral resources, which are found throughout its mountainous and coastal regions. The country is the world's second-largest producer of silver and copper. From 2016 to 2017, mining output increased, helping Peru attain one of the highest GDP growth rates in Latin America. Peru's prominent industries include mining, farming, fishing, and agriculture. Incan Empire (pre-16th century) The Incan economy was centered around the ''ayllu'', a local group composed of neighboring families in the same village. Every ''ayllu'' specialized in a certain industry, such as agriculture, pottery, clothing, or jewellery. People did collective community work in a system known as the ''minka'', which involved construction, c ...
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Historic GDP Per Capita In Peru
History (derived ) is the systematic study and the documentation of the human activity. The time period of event before the invention of writing systems is considered prehistory. "History" is an umbrella term comprising past events as well as the memory, discovery, collection, organization, presentation, and interpretation of these events. Historians seek knowledge of the past using historical sources such as written documents, oral accounts, art and material artifacts, and ecological markers. History is not complete and still has debatable mysteries. History is also an academic discipline which uses narrative to describe, examine, question, and analyze past events, and investigate their patterns of cause and effect. Historians often debate which narrative best explains an event, as well as the significance of different causes and effects. Historians also debate the nature of history as an end in itself, as well as its usefulness to give perspective on the problems of the p ...
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Tarapacá Province (Peru)
The Province of Tarapacá was a territorial division of Peru that existed from 1837 until 1883. The capital of this province was the city of Iquique. With the creation of the Tarapacá Department in 1878 the capital was moved to the city of Tarapacá. The province was bordered on the north by Arica Province, on the east and south by Bolivia, and on the west by the Pacific Ocean. Peruvian people constituted a minority in the province as both Chileans and Bolivians were more numerous. * It was created in 1837, in the Litoral Department of South Peru, a constituent country of Peru-Bolivia. * In 1853 the Moquegua Department, contained Moquegua Province, Tacna Province, Arica Province and Tarapacá Province. * In 1868, the Province Litoral of Tarapacá, had Iquique as the capital, independent of the Moquegua Department. * In 1878, Tarapacá Department, had provinces of Tarapacá Province and Iquique Province Iquique Province ( es, Provincia de Iquique) is one of two provinces in t ...
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Fernando Belaúnde Terry
Fernando is a Spanish and Portuguese given name and a surname common in Spain, Portugal, Italy, France, Switzerland, former Spanish or Portuguese colonies in Latin America, Africa, the Philippines, India, and Sri Lanka. It is equivalent to the Germanic given name Ferdinand, with an original meaning of "adventurous, bold journey". First name * Fernando el Católico, king of Aragon A * Fernando Acevedo, Peruvian track and field athlete * Fernando Aceves Humana, Mexican painter * Fernando Alegría, Chilean poet and writer * Fernando Alonso, Spanish Formula One driver * Fernando Amorebieta, Venezuelan footballer * Fernando Amorsolo, Filipino painter * Fernando Antogna, Argentine track and road cyclist * Fernando de Araújo (other), multiple people B * Fernando Balzaretti (1946–1998), Mexican actor * Fernando Baudrit Solera, Costa Rican president of the supreme court * Fernando Botero, Colombian artist * Fernando Bujones, ballet dancer C * Fernando Cabrera (baseball ...
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Juan Velasco Alvarado
Juan Francisco Velasco Alvarado (June 16, 1910 – December 24, 1977) was a Peruvian general who served as the President of Peru after a successful coup d'état against Fernando Belaúnde's presidency in 1968. Under his presidency, nationalism, as well as left-leaning policies that addressed Indigenous Peruvians, such as nationalization or agrarian reform were adopted. These policies were reversed after another coup d'état in 1975 led by his Prime Minister, Francisco Morales-Bermúdez. Velasco had a confrontational foreign policy towards the United States, as he pushed for renegotiation of treaties and criticized what he perceived as a pernicious dependence of Latin American states on the United States. While he strengthened Peruvian relations with the Soviet Union, Velasco was firmly anti-communist. His foreign policy has been described as "third way." Early life Juan Velasco was born in Castilla, a city near Piura on Peru's north coast. He was the son of Manuel José Ve ...
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Francisco Morales Bermúdez
Francisco Remigio Morales Bermúdez Cerruti (4 October 1921 – 14 July 2022) was a Peruvian politician and general who was the ''de facto'' President of Peru (2nd President of the Revolutionary Government of the Armed Forces) between 1975 and 1980, after deposing his predecessor, General Juan Velasco. His grandfather and all his original family were from the old Peruvian department of Tarapacá, which is now part of Chile. Unable to control the political and economic troubles that the nation faced, he was forced to return power to civilian rule, marking the end of the Revolutionary Government of the Armed Forces installed by a coup d'état in 1968. Early years Morales Bermúdez was born in Lima on 4 October 1921. He was the son of Army Colonel Remigio Morales Bermúdez and grandson of ex-President Remigio Morales Bermúdez. He received most of his education at Lima's ''Colegio Inmaculada''. In 1939, he was accepted into the ''Escuela Militar de Chorrillos'' (Chorrillos Mi ...
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Import Substitution Industrialization
Import substitution industrialization (ISI) is a trade and economic policy that advocates replacing foreign imports with domestic production.''A Comprehensive Dictionary of Economics'' p.88, ed. Nelson Brian 2009. It is based on the premise that a country should attempt to reduce its foreign dependency through the local production of industrialized products. The term primarily refers to 20th-century development economics policies, but it has been advocated since the 18th century by economists such as Friedrich ListMehmet, Ozay (1999). ''Westernizing the Third World: The Eurocentricity of Economic Development.'' London: Routledge. and Alexander Hamilton.Chang, Ha-Joon (2002). ''Kicking Away the Ladder: Development Strategy in Historical Perspective.'' London: Anthem Press. ISI policies have been enacted by developing countries with the intention of producing development and self-sufficiency by the creation of an internal market. The state leads economic development by nationalizat ...
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Military Junta
A military junta () is a government led by a committee of military leaders. The term ''junta'' means "meeting" or "committee" and originated in the national and local junta organized by the Spanish resistance to Napoleon's invasion of Spain in 1808.Junta
''Encyclopædia Britannica'' (last updated 1998).
The term is now used to refer to an characterized by

Manuel A
Manuel may refer to: People * Manuel (name) * Manuel (Fawlty Towers), a fictional character from the sitcom ''Fawlty Towers'' * Charlie Manuel, manager of the Philadelphia Phillies * Manuel I Komnenos, emperor of the Byzantine Empire * Manuel I of Portugal, king of Portugal Places *Manuel, Valencia, a municipality in the province of Valencia, Spain *Manuel Junction, railway station near Falkirk, Scotland Other * Manuel (American horse), a thoroughbred racehorse * Manuel (Australian horse), a thoroughbred racehorse *Manuel and The Music of The Mountains, a musical ensemble * ''Manuel'' (album), music album by Dalida, 1974 See also *Manny Manny is a common nickname for people with the given name Manuel, Emanuele, Immanuel, Emmanuel, Herman, or Manfred. People * Manny Acosta (born 1981), Panamanian pitcher in the Mexican Baseball League * Manny Acta (born 1969), Dominican Maj ...
, a common nickname for those named Manuel {{disambiguation ...
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World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ...
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Treaty Of Lima (1929)
The Tacna–Arica compromise or Treaty of Lima was a series of documents that settled the territorial dispute of both Tacna and Arica provinces of Peru and Chile respectively. According to the Treaty, the Tacna-Arica Territory was divided between both countries; Tacna being awarded to Peru and with Chile retaining sovereignty over Arica. Chile also agreed to pay up to 6 million dollars in compensation to Peru. The Treaty was signed on June 3, 1929, in the city of Lima by then Peruvian Representative Pedro José Rada y Gamio and Chilean Representative Emiliano Figueroa Larrain. Background The controversy was a direct aftermath of the War of the Pacific, a confrontation that involved Chile against Peru and Bolivia. Chile won the war and conquered the Peruvian territories of Tarapacá, Tacna and Arica. The defeated Peruvian government was forced to sign the Treaty of Ancón in 1883. According to this treaty, Tarapacá was annexed to Chile, and a plebiscite was meant to take plac ...
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Tacna
Tacna was known for its mining industry; it had significant deposits of sodium nitrate and other resources. Its economic prosperity attracted a wave of immigrants from Italy. Today, their Italian Peruvian descendants live in the city and many of them still have Italian surnames. This era of successful commerce and agriculture ended drastically with the start of the War of the Pacific. Hosting a large Peru-Bolivian army under poor sanitary conditions the city lost a substantial part of its population to infectious diseases before its capture by Chile in May 1880 following a Battle of Tacna, defeat of the allied army in the outskirts of the city by a Chilean force under General Manuel Baquedano. Occupation by Chile During the war, the cities of Tacna and Arica, Chile, Arica were occupied by the Chilean Army, with Tacna being incorporated as a Communes of Chile, commune with a Tacna Province (Chile), province of the same name. A peace agreement, the Treaty of Ancón, was signed in 188 ...
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Arica
Arica ( ; ) is a Communes of Chile, commune and a port city with a population of 222,619 in the Arica Province of northern Chile's Arica y Parinacota Region. It is Chile's northernmost city, being located only south of the border with Peru. The city is the capital (political), capital of both the Arica Province and the Arica and Parinacota Region. Arica is located at the orocline, bend of South America's western coast known as the Arica Bend or Arica Elbow. At the location of the city are two valleys that dissect the Atacama Desert converge: Azapa Valley, Azapa and Lluta River, Lluta. These valleys provide citrus and olives for export. Arica is an important port for a large inland region of South America. The city serves a free port for Bolivia and manages a substantial part of that country's trade.In addition it is the end station of the Bolivian oil pipeline beginning in Oruro, Bolivia, Oruro. The city's strategic position is enhanced by being next to the Chile Route 5, Pan-Ame ...
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