Peru is classified as a developing country with a mixed economy that has seen significant growth in recent years. The country has made strides in reducing poverty and improving infrastructure, driven by sectors such as mining, agriculture, and tourism. However, challenges remain, including income inequality, informal labor markets, and vulnerability to external economic shocks. Overall, while Peru has experienced economic progress, it still faces issues typical of developing nations.
The population of Subprefecture of Perus is 148,226.
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The area of Subprefecture of Perus is 56.88 square kilometers.
The level of economic stability The level of infrastructural development The state of technical knowledge
Economic growth is defined by increases in GDP. Whereas, economic development is more of a vague measure usually encorporating social measures such as literacy rates or life expectancy as a means of measuring a country's level of development.
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The factors that affects economic development are 1. Unemployment. 2. Youth restiveness. 3. Government Policy. 4. Income level. 5. Population. 6. Other economic activities.
Geography of the Northeast affected its economic development since an increase in rainfall and sea level rise can lead to more damaging floods.
The level of penetration of high demand not remote processing in computerization and telecommunication have indeed become measure of national economic development?
Geographers use general measures of development to analyze this progress
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D. Gasper has written: 'Multi-level planning and development administration in Botswana' -- subject(s): Decentralization in government, Economic development projects, Economic policy