Life Expectancy : Brazil And Brazil Essay

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Hyung Wook Jung Professor Guannu Econ 333 12/12/2016 Life Expectancy GDP Variations Brazil GDP Brazil recorded steady growth in GDP over the years 1990, 1995, 2000, 2005, 2010, and 2015. In 1990, Brazil recorded a GDP of $7909.811 which was the lowest compared to the other five years. In the subsequent years, Brazil established more economic activities that led to the increased GDP. In the other five years, GDP was $8501.34, $8730.147, $9416.364, $11121.42, and $11159.29 respectively. The biggest change in the GDP was recorded in the year 2005 and 2010, for instance, 1705.056. On the contrary, the lowest GDP change for the six years was $37.87 recorded in the years 2010 and 2015. The steady growth of the GDP between the six years may be contributed to the increased freedom of markets that promote the consumer participation in the derivation of products prices. In application, the Brazil markets have increased consumer purchasing confidence due to the developments and improvement in business activities that force producers to improve the quality of goods and services to meet the adverse competition. The slow economic growth between the years 2010 and 2015 may be attributed to 2013-2014 economic recession which slowed the pace of the fast-growing economic growth due to increased competition especially between the years 2005 and 2010. Chile The analysis on Chile reveals that the country recorded steady growth in GDP over the six years, with the lowest GDP registered in
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