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The economies of Ecuador and Peru share which of the following characteristics?

a. The mestizo population makes up the majority of the large middle class.
b. A minority of people of European descent control most of the country’s wealth.
c. Oil revenue has had a great impact on the standard of living in both countries.
d. The majority of the people in both countries are Indians who live by subsistence farming or herding.

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SenpaiTrill
Hello there.

The economies of Ecuador and Peru share which of the following characteristics?

b. A minority of people of European descent control most of the country’s wealth. 

Answer:

b. A minority of people of European descent control most of the country’s wealth

Explanation:

  • The economies are similar in the ways that they are controlled by the minority of the people that are white or native people of the Latin America and their descendant control most of the wealth and are the leaders in the army and the army and the difference is due to the expos of the oil and peru exports the sugarcane and the rice.

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