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Spain built its empire in great part upon the silver that was extracted from Bolivia's mines. After the first call for independence in 1809, 16 years of war followed before the establishment of the Republic, named for Simon SimÃ³n, bolivar bolÃ­var On 6. august 1825
Where is Bolivia located on the world map? As shown in the location map of Bolivia that Bolivia is located in the central west part of South America continent.urprisingly, country has two capital cities i.e. La Paz and Sucre. La Paz is the seat of government whereas Sucre is the constitutional capital. Geography of Bolivia is quite variable i.e. there are high peaks of the Andes in the West whereas there is lowland in the Eastern part.