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What is Economic History of Peru: Key Events about?
The Peruvian economy has gone through numerous difficulties throughout its history, since its independence in 1821. Initially, the economy was left in ruins due to the wars of independence. Throughout the 19th and 20th centuries, the Peruvian economy relied heavily on the export of raw materials and suffered the effects of the world wars and the Great Depression. In recent decades, the country has experienced severe economic crises, including hyperinflation in the 1980s.
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