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The economy of Chile is the highest developed one in South America. According to the world bank, it is a high-income economy and the 30th most competitive economy in the world. It is a mixed economy consisting of both private and public businesses. In 2014 its nominal GDP was more than 257 billion. It is also the first Latin American country to become a member of the OECD. In the Chilean economy, the share of the Services sector is 52 percent, while that of the Agricultural sector is 5.1 percent. The leading industries of the Chilean economy are Minerals, Wood Products, and Cement
Although this is a broad generalization, it is farily accurate. The 1950s were an incredible stable and thriving period for the US, as people returned from the war with higher spending power and nice suburban homes. The 60s brought a "counter culture" that tried to upset this norm.
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¨The Black Codes, sometimes called Black Laws, were laws governing the conduct of African Americans (free blacks). The best known of them were passed in 1865 and 1866 by Southern states, after the American Civil War, in order to restrict African Americans' freedom, and to compel them to work for low wages.¨
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