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According to localcollegeexplorer, Ecuador, located on the northwestern coast of South America, has a long and fascinating history. It is one of the oldest countries in the region and was an important part of the Incan Empire from 1463 to 1532. During this period, Ecuador was known as Quito and was governed by a powerful Incan leader named Atahualpa. After Atahualpa’s death in 1533, Spanish conquistador Francisco Pizarro claimed Ecuador as part of his empire. During the colonial period from 1534 to 1822, Ecuador remained under Spanish rule. In 1822, it declared independence from Spain and joined Simon Bolivar’s Gran Colombia, which also included Colombia, Panama and Venezuela. In 1830, Ecuador broke away from Gran Colombia to become an independent republic. In the 19th century, Ecuador faced several wars with neighboring countries such as Peru and Colombia over territorial disputes. It also experienced internal political turmoil due to military dictatorships which lasted until 1979 when a new constitution was passed that restored democracy to the country. Since then, Ecuador has experienced periods of political stability interspersed with occasional unrest due to social inequality or economic crises such as those that occurred in 1999 and 2008 when international oil prices plummeted causing severe economic hardship for many Ecuadoreans. Despite these challenges, Ecuador has continued to progress economically over the past few decades thanks in part to its diverse natural resources which have helped attract foreign investment into the country’s energy sector as well as other industries such as tourism and agriculture. It also has strong ties with other Latin American countries such as Venezuela and Brazil through trade agreements like Mercosur which have helped promote economic growth in recent years. Today Ecuador is one of South America’s most progressive countries with a growing economy based largely on its diverse natural resources including oil reserves off its Pacific coast plus large deposits of gold and copper in its Amazon region forests. Its population is estimated at 16 million people who enjoy a high quality of life thanks in part to government programs designed to reduce poverty levels across the country while promoting social justice for all Ecuadoreans regardless of race or ethnicity. Ecuador is a South American country located in the western portion of the continent, bordered by Colombia and Peru. In 2010, its population was estimated to be over 14 million people. The capital city of Ecuador is Quito, which is located in the Andean Highlands region of the country. The official language of Ecuador is Spanish, although there are several other native languages spoken throughout the country as well. The currency used in Ecuador is US Dollars as it does not have its own currency. In 2010, approximately 22% of its population lived below the poverty line. In 2010, Ecuador was a presidential republic with its president being Rafael Correa who had been president since 2007. The government in 2010 was based on a multi-party system with a unicameral legislature called Congress which consisted of 124 members who were elected through popular vote every four years. The economy of Ecuador in 2010 relied heavily on agriculture and fishing for subsistence purposes as well as oil production for export purposes. Major industries included manufacturing and construction as well as banking and tourism services. The unemployment rate in 2010 was estimated to be around 8%. In terms of education in 2010, there were several institutions providing primary education such as public schools and private religious schools. Secondary education was provided by public secondary schools as well as universities located around Quito or abroad for students who wished to pursue higher studies outside their home country. Check ethnicityology for Ecuador in 2018.

Ecuador Economy

Ecuador Economy

ECONOMY: AGRICULTURE, FORESTRY, LIVESTOCK AND FISHING According to smber, it is in the agricultural sector which is particularly felt the lack of incisive state reforms, although since 1976 have been subject to gradual confiscation of all large estates that were not cultivated for more than 80% of their surface and the five-year development plan for 1980- 84 has devoted most of the investments to the modernization of agriculture and the construction of adequate irrigation works: approx. 59.8%. of land classified…

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Ecuador Guide

Ecuador Guide

Ecuador – country information Country name Ecuador Official name Republic of Ecuador Capital Quito Continent South America Area 283,561 km2 Population 15,699,200 (2014) Foundation of a state 5/24/1822 The highest mountains Chimborazo 6,310 m Longest rivers After 1100 km State system a pluralistic presidential republic with a unicameral parliament The biggest cities Guayaquil 1,720,000, Quito (capital city) Official language Spanish Ethnicity/National Composition Quechua Indians 50%, mestizos 40%, whites 8.5%, other Indians 1.5% Religious affiliation Roman Catholics 93.5%, others 6.5% Currency…

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