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
Bolivar, South Australia Bolivar, South Australia Bolivar is an outer northern suburb of Adelaide, South Australia. It is located in the City of Salisbury. The suburb was established in 1956, and was named after the "General Bolivar Hotel". This hotel had been built by Walter Walpole, a settler who had arrived in South Australia in 1850 on the sailing ship "Bolivar". Bolivar Post Office in the then rural area opened on 1 July 1905 and closed in 1930. Bolivar lies beside Barker Inlet and is bounded on the south by the Little Para River and on the east by Port Wakefield Road. The