On the other hand, Peru's large-scale importation…
1840 CE to 1851 CE
On the other hand, Peru's large-scale importation of British textiles after independence had virtually destroyed the production of native artisans and obrajes, which were unable to compete with their more technologically advanced and cost-efficient overseas competitors.
For the most part, however, the economy continues in the immediate decades after independence to be characterized by a low level of marketable surplus from largely self-sufficient haciendas and native communities.