Columbia
New Granada falls to Simon Bolivar and Francisco de Paula Santander after the Battle of Boyaca, which marked the end of the Bolivar Campaign in Columbia. A century later of Spanish oppression. Columbia finally achieved independence!
Columbia has a free market economy and their free economy score is 71.7 and is 1.0 points higher than last years. Over the past 5 years it has grown a grand total of 3.7 points!
Colombia’s relatively open economy has benefited from a petrochemical boom and diminished threat of risk as the government engages in talks with the militant group FARC.
Colombia’s relatively open economy has benefited from a petrochemical boom and diminished threat of risk as the government engages in talks with the militant group FARC.
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The national flag of Colombia was adopted on November 26, 1861. The flag is a tricolor with horizontal bands of yellow, red, and blue. The blue color signifies the Pacific Ocean and the Caribbean Sea that border the west and the north of the country. Blue also represents the equality of all races and classes in Colombian society. The color red symbolizes the sacrifices of the martyrs and the blood spilled by the heroes of the national independence struggle.
The Gross Domestic Product in Colombia expanded 4.20 percent in the third quarter of 2014 over the same quarter of the previous year. GDP Annual Growth Rate in Colombia averaged 4.37 percent from 2001 until 2014, reaching an all time high of 8 percent in the first quarter of 2007 and a record low of 0.40 percent in the fourth quarter of 2008.
Venezuela
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1525- Spain colonizes Colombia. 1819- Fighting for independence, Simón Bolivar defeats the Spanish at Boyaca. The republic of Gran Colombia (includes present day Colombia, Ecuador, Panama, and Venezuela) is created. 1829-30- Venezuela and Ecuador split off from Gran Colombia, becoming independent states. What is left from Gran Colombia (Panama and Colombia) is now called Nueva Granada. An Important piece in Venezuela history is a man named Francisco de Miranda. He led the most significant Pre Independence Movement. Venezuela would produce Cocoa. Cocoa was their main product. Later on in the 1990s there was several political conflicts! |
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The Venezuelan Bolivar is the currency of Venezuela. Our currency rankings show that the most popular Venezuela Bolivar exchange rate is the VEF to USD rate.
Venezuela has had a crisis with oil prices raising and dropping and just not staying stable as they should be. The reason for this is manly because of our gas prices in America changing so much! High threats and crime rates have also been influencing their economy! President Nicolas Maduro is trying to stop these "battles."
Brazil
- Brazil has the seventh largest economy by nominal GDP in the world, and seventh largest by purchasing power parity. The Brazilian economy is characterized by moderately free markets and an inward-oriented economy.Brazil's economy is the largest of Latin America and the second largest in the western hemisphere!
In the history of World Cup football, Brazil has been participating in all the editions the only team that did this! Holding five titles it is also the best known country in soccer!
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Brazil was discovered by the Portuguese in 1500. Brazil have spent more than 3 centuries under Portuguese rule. Brazil gained independence in 1822. They were ruled by a man named Getulio Vargas. Before his rule in 1822,they had a monarch government.
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Brazil has a poor economy. As you can see around the time in 2013 was a better time. They had their highest point in 2013 with 2.1. The have some rough times as well. At one point in 2013 they had - 0.5.
Argentina
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The Dirty War, also known as Process of National Reorganization, was the name used by the Argentine Military Government for a period of state terrorism in Argentina from roughly 1974 to 1983.
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This is Argentina’s GDP. This Is very different than America’s GDP as you can see the lowest point was in 2006 from there it grew.
This is an important building in Argentina’s history. This building is in the city San Miguel Tucuman. Argentina’s independence was declared in this city. This building is now a great museum!
Argentina has a democracy economy with a scoring of 44.1! Over the past five year their economy points have dropped over 7 points! Argentina has recorded it's lowest economic freedom in the year of 2014-2015!
Peru
Peru has a growing economy and has advanced in technology.
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The Inca built structure has been named as the "Lost Cities." This was discovered in 1911. 7,000 feet above sea level and between a small hilltop between the Andes Mountain Range!
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Peru's currency in called SOL it is also divided into 100 cents. The currency code is PEN! SOL also mean sun in Spanish!
When Spanish conquistador Francisco Pizarro landed in Peru in 1532, he found unimaginable riches. The Inca Empire was in full bloom. The streets may not have been paved with gold!
Ecuador
The economy of Ecuador is a democracy with a GPD of 10.1! This video is comparing the differnt countries and their GPD!
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Ecuador has a unique economy. They have very fertile land there. The people rely on their jobs. They often grow crops such as bananas and coffee. Their farming defiantly is an important part of their economy!
The history of Ecuador has extended for over 8,000 and has a diverse history and culture. territories influenced what has become the Republic of Ecuador. The history can be divided into five eras: Pre-Columbia, the Conquest, the Colonial Period, the War of Independence, and the Republican Era.
The tribes in the northern highlands of Ecuador formed the Kingdom of Quito around 1000. It was absorbed, by conquest and marriage, into the Inca Empire. Spanish conquistador Francisco Pizarro conquered the land in 1532, and throughout the 17th century a Spanish colony thrived by exploitation of the Indians.
Bolivia
Bolivia is a resource rich country with strong growth in markets for natural gas exports. However, the country remains one of the least developed countries in Latin America because of state oriented policies that lower investment and growth.
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Bolivia is doing very well economy wise. We have seen country's with way worse GDPs'. They where at their highest point in 2014 with a GDP of 30.6. Even there low is better than a lot of other countries.