Ecuador

Ecuador
A country on the north-west coast of South America.

Physical.

Ecuador is bounded by Colombia on the north-east and Peru on the east and south. The Andes run north to south through the middle of the country and between the peaks are high but fertile valleys where the climate is temperate.

Economy.

The oil industry, nationalized since 1988 , produces the country's chief export, but otherwise the economy is primarily agricultural with bananas (of which Ecuador is the world's leading exporter), coffee, and, increasingly, fish the other exports of importance. Oil revenues have been invested to develop some manufacturing industry. Ecuador was a member of OPEC until 1992 . There are plentiful supplies of natural gas and hydroelectric power to meet domestic energy requirements, and also mineral deposits of lignite, gold, and silver.

History.

By c. 500 AD...

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