Peru Economy In The Mid-1800s

In the 1400’s through the 1500”s there were the Aztec and Inca empires, both were empires that started out as marginalized peoples who conquered and absorbed other cultures. Aztec and Inca Empires were based on managing resources, goods, and people in an economy centered on intensive agriculture including having their currency systems. The economic characteristics of the Aztec and Inca empires were similar in that they both changed their environment to improve their agricultural system and they both focused on internal trade networks, however they differed in the way they taxed their people. The Aztecs were a triple alliance; three city states that banded together for the greater good. The joined civilizations were Mexico-Tenochtitlan, Texcoco, and Tlacopan. The Incas were located around modern day Peru, and are known as the largest empire in the pre-Columbian America.

Peru is much smaller in land mass and population and is unique in its culture. The history of the country is interesting; Peru was once part of the Incan Empire, the largest Native American Empire in the world. It started in Peru and made allies with other tribes to get to its massive size. The empire got about eight to ten million people before Francisco Pizarro came with his conquistadores. Francisco Pizarro started his conquest on 1531 and ended it in 1534. On July 28, 1821, Peru proclaimed its independence, but the Spanish were not finally defeated until 1824. The Mexican Native Americans known as the Aztecs were more cruel when expanding. They would raid other tribes and murder or sell off the people. They got to around 5 million inhabitants before Hernandez Cortez came and destroyed the empire with his army of Spaniards .

Peru is located in western South America and it shares borders with Chile, Bolivia, Brazil, Colombia and Ecuador and the South Pacific Ocean. Peru is about 1.28 million square kilometers. There are three major regions in Peru: a narrow coastal belt, the wide Andean mountains and the Amazon Basin. The coast is mostly a desert, but contains Peru's major cities. The Andes has two main ranges - Cordillera Occidental and Oriental. Oriental includes Peru's highest mountain called Huascaran, it a peaks out at 22,200ft. On the east side is the Amazon Basin, a region of tropical lowland, the water there is carried out by the Maranon and Ucayali rivers.

After the horrible experience and dangerous incidents my daughter, Isabella Ostos, lived in the Archeological Project in Cosma-Peru under your supervision. It is with profound indignation that we are writing you this letter.

Peru gain minerals, as well as New Spain, gain gold and silver, “cochineal (little insects like flies), from which crimson dye is made, leather, cotton, sugar” and more. The King gets one fourth of the millions of pounds, tenth-part of the gold and silver which is minted to coins, in all he gets a fifth of what was formed. In the past years, there’s been an abundance of gold and silver on the earth surface but now, the million pounds of gold and silver is unlikely to be the same. To get much more gold and silver, they would have to dig deep into the earth surface, which requires special training and guidelines. But, the Spaniards was not willing to do the digging, nor was the Indians going to do it either because they were freed by the Emperor

In the opening pages of her novel To Kill a Mockingbird, Harper Lee wrote these words: “There was no hurry, for there was nowhere to go, nothing to buy and no money to buy it with…but it was a time of vague optimism for some of the people: Maycomb County had recently been told that it had nothing to fear but fear itself.” Lee alludes to the seemingly inadequate reassurance that United States President Franklin D. Roosevelt provided during his inauguration speech at the onset of the Great Depression, while also describing the melancholy and hopelessness that many citizens felt. This sentiment, however, was not just confined to the United States—the impact of the Wall Street Crash of 1929 had also reverberated throughout Latin America, and

My country is Peru. Peru is a country in South America with the Pacific Ocean on the east and borders Ecuador, Colombia, Brazil, Bolivia, and even a little of chile in the south. Peru is important to the United States of a America because it is a key partner in trade. Also the United States is helping Peru strengthen there economy. Peru's economy is more a market economy right in the middle between market and mixed economy. The government is more towards a pure democracy than a totalitarian government.

During the late 1800s, Latin America economy developed as the production of goods commenced. Latin American became “reintegrated into the world economy in the years after 1870, thanks to the rise in the demand for Latin America’s raw materials by the rapidly industrializing nations of Europe and the United States.” By the reintegration into the world of economy, Latin America started importing finished goods and exporting raw materials. All this was possible by the technology, capital and markets provided by industrialization nation.

Culture is the aquired knowledge that people use to interpret, experience, and generate social behavior.

Peru is definitely a More Developed Country because it has a per capita GDP of 11,900$, a life expectancy of about 73 years, and a literacy rate of 94%. Peru is made up of 26 provinces, the largest of which being Loreto. Peru is located in South America, and is surrounded by Brazil, Bolivia, Colombia, Chile, and Ecuador.

Inflation and corruption have effected the development. In recent years, the economy has shown improvement. The mining industry currently dominates Bolivia's export economy.

Since the 19th century Latin America economies have gown but they have been facing problems that had remained Latin American countries’ bigger economic concern greatly influencing them both politically and economically. Prices of those primary products are slightly rising, but we haven’t seen major improvement in the debt problem, and it is slight mostly because of the expectation in the rises of interest rates.

The Guano Age in Peru began with the increased demand for Guano as a fertilizer. In 1840, Liebig provided the scientific evidence of the benefits of fertilizers such as guano. Peru was a huge distributor of Guano, which led to their economic boom. In Peru’s war for independence, they took out loans from Britain, and Britain was the chief market for Guano. The distribution of guano provided the Peruvians with the leverage they needed to redeem its debt to Britain.

Even with Bolivia’s impressive GDP growth rate, they are still considered to be a lower middle income nation based on GNI per capita. As of 2016 they have a GNI per capita of $3,070. That ranks them at 146th in the world. The US ranks 14th with a GNI per capita of $56,810. When looking at HDI, which is measures life expectancy, education, and income per capita, Bolivia is at an index of 0.674 as of 2015. This ranks them 118th in the world. The United States is at an index of 0.920 ranking them 10th in the world. The last thing I compared between Bolivia and the United States was their GINI coefficients. This measures the distribution of wealth throughout the population. On the scale 0 represents everyone being equal and 1 represents a single

Annie Hurlbut is co-founder and CEO of an apparel company based on ethnographic and historical textile inspiration, known as Peruvian Connection. Annie had zero business background before she started her company 40 years ago. It had never crossed her mind to start up her own business. Annie eventually found her entrepreneurial passion while visiting South America in Cuzco, Peru as an anthropology student at Yale. For the last 40 years, Peruvian Connection has grown from a 19-year-old's love of woven textiles into a thriving direct-marketing business, releasing five internationally well-known collections a year through fashion catalogs, online and in the brand's retail stores across the U.S., U.K. and South America. Online catalog fashion retail.