The economic history of Peru has its traditional roots in natural resources such as mining, farming, fishing, and agriculture. In precolonial times, during the reign of the Inca empire, the economy was mainly agricultural, though it reached some animal husbandry and mining development. The primary goal of the Incan economy was substinence, with a system based on reciprocity and exchange of products.
In recent years, there has been a noticeable increase in slight industries, services, and high technologies. In 2007, the Peruvian economy grew 9%, the largest growth rate in the world.
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