The industries of the economy of Peru arose in response to the country's rich natural resources. During the regime of the Inca Empire, the economy was centrally planned, and labour was mandatory. Spanish explorers held the Incan system in much regard.[1]
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Today, Peru has important mineral resources, which are found throughout its mountainous and coastal regions. The country is the world's second-largest producer of silver and copper.[2] From 2016 to 2017, mining output increased, helping Peru attain one of the highest GDP growth rates in Latin America.[3] Peru's prominent industries include mining, farming, fishing, and agriculture.[1]