Brazil : Case Study : Brazil

1019 Words Feb 28th, 2016 5 Pages
Sebastian Romeo

Case Study: Brazil

Brazil is one of the fastest emerging economies in the world. Brazil forms part of the BRIC group along with Russia, India, and China. From the 1500’s to the 1930’s, the Brazilian economy relied heavily on the production of primary products for exports. The economy was heavily curbed for three centuries when Portugal implemented an imperial mercantile policy. Brazil gained its independence in 1822. However, Portugal’s influence had a lasting impact for many years to come. Changes started to occur in the late nineteenth century when slavery was abolished and wage labor was adopted. Brazil has a democratic form of government. The center left Worker’s Party has governed Brazil since 2003. The Brazilian economy is composed mainly of the services related industries which contribute to sixty seven percent of the Brazilian GDP and employs seventy percent of Brazil’s one hundred million strong labor force. The industrial and agricultural sector of Brazil together contribute to thirty three percent of the GDP and employ twenty nine percent of the Brazilian employed. Brazil is strictly speaking a Catholic nation. The twenty year period between 1965 and 1985 was characterized by a society oppressed by a military dictatorship that spurred a movement towards democratization. In addition, the authoritarian regime had a significant impact on woman in that they took a major stance and made a major difference in reforms in health care…
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