Pedro Aguirre CerdaPedro Abelino Aguirre Cerda (Latin American Spanish: [ˈpeðɾo aˈɣire ˈseɾða]; February 6, 1879 – November 25, 1941) was a Chilean political figure, educator, and lawyer who served as the 23rd president of Chile from 1938 until his death in 1941. He was a center left moderate. A member of the Radical Party since 1906, he was chosen by the left-wing Popular Front coalition as its candidate for the 1938 presidential election and won.
Economy of ChileChile has a developing market economy. It is classified as a high-income economy by the World Bank, and is recognized as one of the most prosperous countries in South America. Chile leads the region in areas such as competitiveness, income per capita, globalization, economic freedom, and low levels of perceived corruption. Despite its prosperity, Chile experiences significant economic inequality, as reflected by its Gini index, though this is close to the regional average.
Economic growthMeasure of increase in market value of goodsHistoric world GDP per capitaCountries by real GDP growth rate in % for 2024 (IMF WEO database) Real GDP per capita growth in % for 2025 In economics, economic growth is an increase in the quantity and quality of the economic goods and services that a society produces. It can be measured as the increase in the inflation-adjusted output of an economy in a given year or over a period of time.
ChileChile, officially the Republic of Chile, is a country in the Southern Cone of southwestern South America. It is the southernmost country in the world and the closest to Antarctica, extending along a narrow strip of land between the Andes Mountains and the Pacific Ocean. According to the 2024 census, Chile had an enumerated population of 18.5 million.
Competition (economics)In economics, competition is a scenario where different economic firms are in contention to obtain goods that are limited by varying the elements of the marketing mix: price, product, promotion and place. In classical economic thought, competition causes commercial firms to develop new products, services and technologies, which would give consumers greater selection and better products.
Spanish languageSpanish (español) or Castilian (castellano) is a Romance language of the Indo-European language family that evolved from the Vulgar Latin spoken on the Iberian Peninsula of Europe. It originated in the Kingdom of Castile, a historical kingdom in north-central Spain. Today, it is a global language with 519 million native speakers, mainly in the Americas and Spain, and about 636 million speakers total, including second-language speakers.
Industry (economics)In microeconomics, an industry is a branch of an economy that produces a closely related set of raw materials, goods, or services. For example, one might refer to the wood industry or to the insurance industry. When evaluating a single group or company, its dominant source of revenue is typically used by industry classifications to classify it within a specific industry.Presidential Republic (1925–1973)The Presidential Republic (Spanish: República Presidencial) is the period in the history of Chile spanning from the approval of the 1925 Constitution on 18 September 1925, under the government of Arturo Alessandri Palma, to the overthrow of the Popular Unity government headed by the President Salvador Allende on 11 September 1973. The period is concurrent with the "Inward Development" (Desarrollo hacia adentro) period in Chilean economic history.*As an Amazon Associate I earn from qualifying purchases.