Question

The exports of Peru can be classified as what kind of economic activity

Answer 1

Peru is a mixed kind of economy because being a developing nation it primarily depends on the service sector jobs followed by agriculture and manufacturing.

It has both capitalist market and private ownership regulated by government.

Answer 2

The exports of Peru can be classified as the mixed economy that combines capitalist markets and ownership of the privates with key controls by the government.

Explanation:

Peru's economy is also called a developing economy because of increasing rates of poverty and unemployment.

Main exports of Peru includes gold, zinc, copper, textiles, pharmaceuticals, chemicals, machinery, services and fish meal majorly to its trade partners, the United States, China, Brazil, European Union and Chile.

The ancient Peruvian economy is based on the countries geographical conditions; the variations in climate zones facilitate widespread agriculture, the rich natural resources in Andes allow mining and fish full waters in Pacific oceans makes commercial fishing feasible.