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Stability came when national banks guaranteed to change silver money into gold at a fixed rate; it did, however, not come easily. The Bank of England risked a national financial catastrophe in the 1730s when customers demanded their money be changed into gold in a moment of crisis. Eventually London's merchants saved the bank and the nation ...
Peru's per-capita growth rates have diverged from overall growth rates over the last quarter-century. Peru's GDP per capita peaked in 1981 and is only recently on the path to return to that level. By the end of 2006, the government had enacted measures that allowed the economy to improve by increasing investments, and expanding production and ...
Archaeological sites in Peru are numerous and diverse, representing different aspects including temples and fortresses of the various cultures of ancient Peru, such as the Moche and Nazca. The sites vary in importance from small local sites to UNESCO World Heritage sites of global importance. [ 1 ]
The history of Peru spans 15 millennia, [1] extending back through several stages of cultural development along the country's desert coastline and in the Andes mountains. Peru's coast was home to the Norte Chico civilization, the oldest civilization in the Americas and one of the six cradles of civilization in the world.
Archaeologists in Peru have discovered the remains of what is believed to be wealthy members of the Chimu civilization, a pre-Inca society that thrived for centuries in arid plains nestled between ...
Throughout the Paleolithic Era, which was between 500,000 and 10,000 BC, [1] the primary socio-economic unit was the band (small kin group). [2] Communication between bands occurred for the purposes of trading ideas, stories, tools, foods, animal skins, mates, and other commodities.
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A separate three-fingered hand believed to be from Peru's Nazca region was also analyzed, with experts ruling out any connection to alien life. Scientists assert 'alien mummies' in Peru are really ...