Economy of South America centuries. This can be explained by South America´s high concentration on primary commodities as well as the state of the educational system and institutional structure, some of which are still related to its colonial past, others to recent political developments. It was only from the 1990s when countries in South America switched over to the system of Free-Market economy. This eventually pulled countries in South America out of the debt crisis. Now, major economic activities include agriculture, industry, forestry, and mining. In 2016, four countries, which include Brazil, Ecuador, Argentina and República Bolivariana de Venezuela experienced decline in output. Other
Liberator Party Liberator Party The Liberator Party was a right-wing political party in Guyana. The party was established in 1972 as a split from the United Force (TUF), and was led by Fielden Singh, who had been leader of the TUF until beins suspended. Despite the split, it ran in alliance with TUF in the 1973 general elections, receiving 2.8% of the vote and won two seats. However, the Liberator Party decided to boycott the National Assembly in protest at fraud in the elections and both seats were taken by the United Force. The party did not contest any further elections, and