Economic history of Peru market. By the mid-19th century, the reversal of the socioeconomic hierarchy was complete; Peru would not recover its Viceroyalty-era supremacy (Mahoney, 86). Peru embarked on a railroad building program. Henry Meiggs built a standard gauge line from Callao across the Andes to the Interior, Huancayo; striking for Cuzco he built the line but also bankrupted the country. In 1879, Peru entered the War of the Pacific which lasted until 1884. Bolivia invoked its alliance with Peru against Chile. The Peruvian Government tried to mediate the dispute by sending a diplomatic team to negotiate with the Chilean government, but the committee
Peru misunderstandings due to the lack of a common language. The Spanish Crown gave the name legal status with the 1529 "Capitulación de Toledo", which designated the newly encountered Inca Empire as the province of Peru. Under Spanish rule, the country adopted the denomination Viceroyalty of Peru, which became Republic of Peru after independence. The earliest evidences of human presence in Peruvian territory have been dated to approximately 9,000 BC. Andean societies were based on agriculture, using techniques such as irrigation and terracing; camelid husbandry and fishing were also important. Organization relied on reciprocity and redistribution because these societies had no