Peru Project Part I

Peru Project Part I

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  • Hey, my name is Alejando, and I am here today to tell you about te economy of Peru
  • To start off, Peru is a developing country, meaning that most of their people suffer from being poor.
  • They mostly rely on services and farming in order to make money. So they have a low GDP of $13,300 per person.
  • Even though 84.1% of the people can read and write , Many people are still poor and 6.7% looking for jobs don't have one.
  • Compared to the US, the GDP( how much money people have)  is low. But the literacy rate ( how many people can read and write) isn't that bad. The GDP per capita in the US  is $59,531, and the literacy rate is 86.3% in the US.
  • Their Head of State is Martin Alberto. Just like the US, they also have a president/ Head of state.
  • They have a presidential republic as their type of government, which is a type of democracy.
  • Even though they may be a little poor, they do make some money by selling countries food and materials they need . For example, they may trade the US some gold,and the US will pay them in money or trade them a resource they need
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