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
Congress of the People (South African political party) This included differences in both style and economic policy – the former pursued neoliberal economic policies and was known for an aloof personality and plotting against his political opponents, while his successor is more left-wing and populist, and has a closer relationship with the South African Communist Party and Congress of South African Trade Unions. The split also revealed underlying ethnic tensions between Zulu and Xhosa speakers, represented by Jacob Zuma and Thabo Mbeki respectively, as they jostled for political predominance. Jacob Zuma, now elected president of the ANC and ANC candidate for President in the South Africa at the