Economy


During the 1970s Chile was the best performing economy in the South America. During the 80s and 90s Chile saw a constant growth in their economy with a rate of 6.4%.In 1999 Chile saw its first downfall in more than 15 years because hydroelectric shortfalls, reduction of crop, and electricity rationing. Chile has 57 agreements with many countries including the US which we have free trade with established in January 4, 2004. Chile's wealth sovereign wealth is kept outside Chile and separated to the Central Bank. 4 billion dollars were used in Chile from their wealth as a stimulus package in 2008. Chile grows grapes, pears, apples, wheat, corn, onions, peaches, and asparagus. The industries the are in Chile focus on copper, iron, fish , steel, wood, textile, and minerals. Chile exports fish, fruits, wine and copper to other countries. Imports natural gas, petroleum, vehicles, and machinery to their country.

https://www.cia.gov/library/publications/the-world-factbook/geos/ci.html
http://www.everyculture.com/Bo-Co/Chile.html

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