The document provides information about the geography, history, culture, and economy of South America. It notes that the Andes Mountains run along the western edge of South America and the Amazon rainforest covers much of northern Brazil and extends into other countries. It discusses several South American cultural traditions like Cinco de Mayo celebrations in Mexico and Dia de los Muertos commemorations. Regarding the economy, it outlines South America's import substitution industrialization strategy from the 1930s-1980s, then economic struggles in the 1980s-90s, and more recent improvements and trends of nationalization.
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South America
The document provides information about the geography, history, culture, and economy of South America. It notes that the Andes Mountains run along the western edge of South America and the Amazon rainforest covers much of northern Brazil and extends into other countries. It discusses several South American cultural traditions like Cinco de Mayo celebrations in Mexico and Dia de los Muertos commemorations. Regarding the economy, it outlines South America's import substitution industrialization strategy from the 1930s-1980s, then economic struggles in the 1980s-90s, and more recent improvements and trends of nationalization.
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South America |Handouts - Andes mountains is the largest continental
mountain range in the world. It lines the
GROUP 2 BSN II PIAGET western edge of south america, from venezuela all the way along chile to south america's southern tip. History -4th largest continent in the world with an -Amazon forest in south america one of the largest tropical rainforest, famed for its area of about 6.8 million square miles. biodiversity. It’s crisscrossed by thousands -South America and north America are of rivers, including the powerful amazon. The amazon rainforest, covering much of borded by the country, Panama. northwestern brazil and extending into -Spaniards colxonized parts of south colombia, peru and other south american countries, America during the 16th century, -Countries include : -Angel falls 3212 ft high. in Venenzuela is the highest waterfall in the world Argentina, Bolivia, Brazil Chile, Colombia , Ecuador, Peru ,Guyana Paraguay ,Uruguay , Venenzuela , Suriname -Solar De Uyuni in Bolivia, is the world’s largest salt flats. A prehistoric dry lake that -Population : 400 million people is 4,000 square miles and home to pink -Spanish is the main language flamingos. - Quechua is a common language spoken by -World's largest coffee producer Brazil the indigenous people of the continent. Climate - Tropical with grasslands and savannas Culture Grapes in new year Food - it’s traditional to eat 12 grapes during the -Asado new year countdown which represent 12 -Arepas wishes and 12 months of the year. -Tacos -Empanada Quinceanera -the celebration of a girl's 15th birthday, Landmarks marking her passage from girlhood to - Largest country is brazil womanhood;
-Christ the redeemer the famous 125 foot 3 Kings
tall statue that is called which overlooks the -Dia de los reyes magos, otherwise known city of rio de janerio| one of the seven as the epiphany or three king's day. It's a wonders of the world. popular holiday in Latin America. It celebrates the day the three wise men economic development strategies based on made it to baby Jesus. a system of import substitution. National Rio Festival governments used such measures -Carnival in Rio de Janeiro is a festival held as tariff and price policies to boost domestic every year before Lent; it is considered the biggest carnival in the world every February. industries and protect them from external competition. They also create Cinco de Mayo - Cinco de Mayo, or the fifth of May, is a joint ventures with private capital holiday that celebrates the date of the and established state-owned enterprises, Mexican army's May 5, 1862 victory over France at the Battle of Puebla during the especially in the heavy industries, utilities, Franco-Mexican War. and transportation. They provided high -Not allowed to war a sombrero during the day of celebration. subsidies for social programs in areas such as education and public housing. Dia De Los Muertos -The Day of the Dead is a holiday Furthermore, national spending on traditionally celebrated on November 1 and armaments and “defense” soared during 2. -is a celebration of life and death. periods of military rule. - Between 1980 and 1990, gross domestic Marigolds Flowers- flower that has become a national symbol for the festival which product (GDP) per capita measured in symbolizes the brevity of life. constant dollars declined for every South American country except Brazil, Colombia, Tradition and Chile. For a part of this same period, El Dorado – Is a south American dance inflation rates skyrocketed in many performed in regional/ national countries, exceeding 3,000 percent per year competitions. in some instances. Currency devaluation, austerity programs, and governmental Economic Status disinvestment were the most commonly used remedies to check these problems. Economic status of South America (2023) The severity of their problems and lender From the 1930s until the late 1980s, the demands prompted most South American majority of South American countries countries to pursued initiate fundamental restructurings of their Economic status of South America (2021) economies. These changes had the greatest Brazil is the largest economy in South impact on those lowest on the America, followed by Argentina, Chile, socioeconomic ladder. At the turn of the Colombia, and Peru. These five together 21st century, the economies of many South hold a huge 90% share of the South American countries started to improve, and American economy. Suriname is some of those countries were able to start the smallest economy in South America. paying off their debts. Notably, (gdp – gross domestic product; measures Ecuador adopted the U.S. dollar as its the monetary value of final goods and currency in 2001, provoking protests services – that from indigenous communities and the is, those that are brought by the final user – working poor; however, this conversion, as produced in a country in a given period of well as a rise in oil prices, helped stabilize time.) the Ecuadorean economy the same year. One economy of South America would Argentina, the victim of an economic crisis have gdp above $1 trillion, and six would in 2001 when it defaulted on its foreign have an economy of above $100 billion. debt, had begun a recovery by 2003. In 2021, Chile will overtake Colombia to Increasing economic independence sparked become the 3rd largest economy in South a trend of nationalization along with the America, and Bolivia will overtake election of left-leaning leaders in Venezuela, Venezuela. However, none of the South Brazil, Chile, Argentina, Ecuador, and Bolivia. American economies are in the list of top Source: ten largest economies globally, and four https://www.britannica.com/place/South- economies are within the top 50 world gdp America/Effects-of-rapid-population- ranking. increase#ref41820 Brazil ($58 bn) and Chile ($55 bn) will be the top contributors, accounting for 58% of the increase in the South American economy. Argentina ($30 bn), Colombia ($24 bn), and Peru ($22 bn) are other top contributors. GDP(PPP) – gross domestic product based on purchasing power parity. In ppp data, the five largest economies of South America are Brazil, Argentina, Colombia, Chile, and Peru. Two economies would have gdp above Int. $1 trillion in 2021 and eight would have an economy of above Int. $100 billion. There would be only no change in ppp ranking. Only one South American economy, Brazil, is in the top ten list, and five economies are within the top 50 world gdp ranking. Out of 12 economies, gdp (ppp) of 11 would increase, and one economy would decrease in 2021 compared to 2020. Again, Brazil (Int. $175 bn) will be the top contributor, accounting for 44% of the increase in the South American economy. Argentina (Int. $73 bn) and Colombia (Int. $51 bn) are other top gainers. Source: https://statisticstimes.com/economy/south- american-countries-by-gdp.php.