History of Peru since most of the presidents that ruled the country were from the social elite. During Augusto B. Leguía's periods in government [1908–1912 and 1919–1930, the latter known as the "Oncenio" (the "Eleventh")], the entrance of American capital became general and the bourgeoisie was favored. This policy, along with increased dependence on foreign investment, focused opposition from the most progressive sectors of Peruvian society against the landowner oligarchy. There was a final peace treaty in 1929, signed between Peru and Chile and called the Treaty of Lima by which Tacna returned to Peru and Peru yielded permanently the formerly rich provinces
Peru as loose confederation of cities scattered along the coast of northern Peru and southern Ecuador, the Chimu flourished from about 1140 to 1450. Their capital was at Chan Chan outside of modern-day Trujillo. In the highlands, both the Tiahuanaco culture, near Lake Titicaca in both Peru and Bolivia, and the Wari culture, near the present-day city of Ayacucho, developed large urban settlements and wide-ranging state systems between 500 and 1000 AD. In the 15th century, the Incas emerged as a powerful state which, in the span of a century, formed the largest empire in pre-Columbian America with their capital in