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Economic History Of Chile
The economy of Chile has shifted substantially over time from the heterogeneous economies of the diverse Indigenous peoples in Chile, 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, as it pioneered neoliberalism, neoliberal economic policies. 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. Historically, the Chilean economy has relied on natural resources (nitrate, copper mining in Chile, copper, coal mining in Chile, coal, Chilean silver rush, sil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Agriculture In Chile
Agriculture in Chile encompasses a wide range of different activities due to its particular geography of Chile, geography, Climate of Chile, climate, Geology of Chile, geology and human factors. Historically agriculture is one of the bases of Chile's economy of Chile, economy, now agriculture and allied sectors—like forestry, logging and fishing—account only for 4.9% of the GDP as of 2007 and employed 13.6% of the country's labor force. Some major agricultural products of Chile include grapes, apples, onions, wheat, corn, oats, peaches, garlic, asparagus, beans, beef, poultry, wool, fish and timber.The World Factbook -CIA 2008-02-27 Due to its geographical isolation and strict customs policies, Chile is free from diseases such as Bovine spongiform encephalopathy, Mad Cow, Drosophilidae, fruit fly and Phylloxera, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hunter-gatherer
A hunter-gatherer or forager is a human living in a community, or according to an ancestrally derived Lifestyle, lifestyle, in which most or all food is obtained by foraging, that is, by gathering food from local naturally occurring sources, especially wild edible plants but also insects, Fungus, fungi, Honey hunting, honey, Eggs as food, bird eggs, or anything safe to eat, or by hunting game (pursuing or trapping and killing Wildlife, wild animals, including Fishing, catching fish). This is a common practice among most vertebrates that are omnivores. Hunter-gatherer Society, societies stand in contrast to the more Sedentism, sedentary Agrarian society, 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 Competition (biology), competitive adaptation in the nat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 group. The Changos were not a distinct tribe or ethnic group ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 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 gradually from the An ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Labor Force
In macroeconomics, the workforce or labour force is the sum of people either working (i.e., the employed) or looking for work (i.e., the unemployed): \text = \text + \text Those neither working in the marketplace nor looking for work are out of the labour force. The sum of the labour force and out of the labour force results in the noninstitutional civilian population, that is, the number of people who (1) work (i.e., the employed), (2) can work but don't, although they are looking for a job (i.e., the unemployed), or (3) can work but don't, and are not looking for a job (i.e., out of the labour force). Stated otherwise, the noninstitutional civilian population is the total population minus people who cannot or choose not to work (children, retirees, soldiers, and incarcerated people). The noninstitutional civilian population is the number of people potentially available for civilian employment. \begin \text &= \text + \text \\ & ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 tax authorities is not whether a person is engaged in 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 trading is likely to be ignored if there is no profit, so occasional and hobby- or enthusiast-based economic activity is generally ignored by 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 a profession, a tr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Outsourcing
Outsourcing is a business practice in which companies use external providers to carry out business processes that would otherwise be handled internally. Outsourcing sometimes involves transferring employees and assets from one firm to another. The term ''outsourcing'', which came from the phrase ''outside resourcing'', originated no later than 1981 at a time when industrial jobs in the United States were being moved overseas, contributing to the economic and cultural collapse of small, industrial towns. In some contexts, the term smartsourcing is also used. The concept, which ''The Economist'' says has "made its presence felt since the time of the Second World War", often involves the contracting out of a business process (e.g., payroll processing, claims processing), operational, and/or non-core functions, such as manufacturing, facility management, call center/call center support. The practice of handing over control of public services to private enterprises ( privatiz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1973 Chilean Coup D'etat
Events January * January 1 – The United Kingdom, the Republic of Ireland and Denmark 1973 enlargement of the European Communities, enter the European Economic Community, which later becomes the European Union. * January 14 - The 16-0 1972 Miami Dolphins season, Miami Dolphins defeated the 1972 Washington Redskins season, Washington Redskins in Super Bowl VII, with the Dolphins ending the season a perfect 17-0. This marked the first and only time that an NFL team has had a perfect undefeated season, an achievement the team holds to this day. * January 15 – Vietnam War: Citing progress in peace negotiations, U.S. President Richard Nixon announces the suspension of offensive action in North Vietnam. * January 17 – Ferdinand Marcos becomes President for Life of the Philippines. * January 22 ** ''Joe Frazier vs. George Foreman, The Sunshine Showdown'': George Foreman defeats Joe Frazier to win the heavyweight world boxing championship in Kingston, Jamaica. ** A Royal Jorda ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1997 Asian Financial Crisis
The 1997 Asian financial crisis gripped much of East Asia, East and Southeast Asia during the late 1990s. The crisis began in Thailand in July 1997 before spreading to several other countries with a ripple effect, raising fears of a worldwide economic meltdown due to financial contagion. However, the recovery in 1998–1999 was rapid, and worries of a meltdown quickly subsided. Originating in Thailand, where it was known as the ''Tom yum, Tom Yum Kung crisis'' () on 2 July, it followed the financial collapse of the Thai baht after the Thai government was forced to floating currency, float the baht due to lack of list of circulating currencies, foreign currency to support its currency fixed exchange rate, peg to the U.S. dollar. Capital flight ensued almost immediately, beginning an international chain reaction. At the time, Thailand had acquired a burden of foreign debt. As the crisis spread, other Southeast Asian countries and later Japan and South Korea saw slumping currencies, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GDP Per Capita
This is a list of countries by nominal GDP per capita. GDP per capita is the total value of a country's finished goods and services (gross domestic product) divided by its total population (per capita). Gross domestic product (GDP) per capita is often considered an indicator of a country's standard of living; however, this is inaccurate because GDP per capita is not a measure of personal income. Measures of personal income include average wage, real income, median income, disposable income and GNI per capita. Comparisons of GDP per capita are also frequently made on the basis of purchasing power parity (PPP), to adjust for differences in the cost of living in different countries, ''see'' List of countries by GDP (PPP) per capita. PPP largely removes the exchange rate problem but not others; it does not reflect the value of economic output in international trade, and it also requires more estimation than GDP per capita. On the whole, PPP per capita figures are more narrowly spre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
