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South America’s Economies
All South American countries have mixed economies. A mixed economy is one where people and businesses make most decisions about what to produce, sell, and buy, but the government also helps make some decisions.
Even though the countries differ in industries, they are similar because they rely on their natural resources to help their economies grow
For example, Brazil uses rivers to produce hydroelectric power, which provides electricity for homes and businesses. In Peru, copper is an important resource that helps with trade and building electrical systems. Ecuador relies on oil exports, which create jobs and income for the country. Meanwhile, Chile depends on fishing along the Pacific coast to feed people and support the economy.
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Brazil uses rivers for Press enter key to drop response here.Response input area, which provides electricity for homes and businesses.
Peru relies on Press enter key to drop response here.Response input area, which supports trade and building electrical systems.
Ecuador depends on Press enter key to drop response here.Response input area, which creates jobs and income through exports.
Chile benefits from Press enter key to drop response here.Response input area, which feeds people and supports the economy.
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All Answers 1
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Brazil uses rivers for hydroelectric power.
Peru relies on copper.
Ecuador depends on oil exports.
Chile benefits from fishing.
Peru relies on copper.
Ecuador depends on oil exports.
Chile benefits from fishing.
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