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
2016 South Korean political scandal 2016 South Korean political scandal The 2016 South Korean political scandal (, ) involves the influence of Choi Soon-sil, the daughter of a shaman-esque cult leader Choi Tae-min, over President Park Geun-hye. Widespread coverage of this South Korean political scandal began in late October 2016. On November 29, Park offered to begin the process of removing herself from power. On December 9, Park was impeached, and then Prime Minister Hwang Kyo-ahn became the acting president. On December 21, a Special Prosecution Team led by Park Young Soo began to investigate the Choi Soon-sil scandal. On March 10, 2017, The Constitutional