Brazil Economy: Past and Present
According to Bertha K. Becker, the economy of Brazil "has altered dramatically since the Great Depression of the 1930's and the close of World War II in 1945, and within the last several decades has experienced tremendous growth in numerous areas, such as the export of minerals, farm products and manufactured goods, not to mention the explosion of growth from a basic rural society into an urban giant" (56). As evidence for this drastic change, by the late 1980's, Brazil's national income related to agriculture had dropped to about 10%, while the manufacturing industry rose by about 25% and provided more than 70% of the country's entire export income (Becker, 67). Although Brazil's agricultural base did not expand as fast as its industrial base following World War II, its overall growth was quite substantial, due to an expansion in cultivated land (which continues to this very day as a result of rain forest depletion) from about sixteen million acres in 1920 to more than one hundred and fifteen million acres in the mid 1980's. Brazil also became the world's biggest exporter of sugar products and the second largest exporter of soybean. Today, Brazil continues to export a very large percentage of the world's coffee crop along wit
In 1987, Brazil was the biggest producer of coffee with about 2. Beginning roughly at the end of the 1980's, the economy of Brazil became a mixture of domestic private companies, multinational corporations and state enterprises which often worked together while also competing against one another. However, due to a lack of sufficient financial return, a good number of these farmers also worked as laborers which was exacerbated by the unequal distribution of farm acreage among the middle and lower Brazilian classes. Between 1980 and 1990, Brazil became an industrial power in South America, mostly through heavy industry and the production of chemicals. Thus, Brazil remains quite self-sufficient, especially regarding food products, such as beans, corn, rice and meat products and its economic future looks very bright indeed. As to India, many economists are considering the possibility that this nation of over a billion people could rule the world in the 21st century. Of this number of workers, being some 15 million persons, more than half owned the land on which they worked; 10% were sharecroppers and the remainder were tenant farmers and common laborers. In today's modern economic world, Brazil continues to thrive as one of the major exporters of goods and commodities which has raised its standard of living to a level comparable with other industrialized nations. Also in the late 1980's, Brazil was a huge exporter and producer of minerals, the most common being iron ore, bauxite and manganese; lesser minerals included zinc and nickel. 5% in 2002" ("Russian Economy," Internet). Since the early 1990's, Brazilian crops have been heavily exported, such as coffee from the Southeast and the Southern state of Parana, soybeans from the South, sugarcane and cacao from the Northeast, rice from the North and oranges from the regions around the city of Sao Paulo.
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