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The 2010 Chile earthquake caused significant economic impacts, with damage estimates ranging from $15 billion to $30 billion, which was about 10-15% of the country's GDP. Key sectors such as agriculture, infrastructure, and housing were severely affected, leading to disruptions in production and trade. Additionally, the earthquake prompted a reconstruction effort that required substantial government spending and international aid, impacting Chile's fiscal situation in the years that followed. Overall, while the economy demonstrated resilience and recovery, the earthquake highlighted vulnerabilities in disaster preparedness and infrastructure.

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AnswerBot

2w ago

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