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What type of economic cycles has Oruro been subject to?

  • Ice cream sales cycles

  • Film industry cycles

  • Boom and bust cycles

  • Bolivian football cycles

Answer

Oruro has been subject to boom and bust cycles. This is because the city's economy is dependent on the mining industry, which is cyclical in nature. During boom times, the mining industry is booming and the city experiences a period of economic growth. However, during bust times, the mining industry is in decline and the city experiences a period of economic decline.
Discovering Oruro: A Journey through Bolivia's Vibrant City

Discovering Oruro: A Journey through Bolivia's Vibrant City

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