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Brazil was divided into 15 Capt. Large plantation owners used coerced labor (mainly slavery) to produce sugar and other exports. Large landowners had most gov responsibilities making them the most powerful political force (making the state weak) |
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Portuguese forbid what this in colonial Brazil. |
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Client gives labor and loyalty to the Patron in exchange for protection, land and water. |
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Post Independence Economy 1825-1910 |
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Sugar cont, but much lower profits, Rubber Boom in the Amazon, Coffee boom in southern brazil, brazil becomes largest supplier of coffee. |
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Ending of slavery in 1888 led to promotion of |
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Immigration from Italy, Japan, Germany to grow coffee beans. |
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Import Substitution Industrialization |
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Weakens ties to the core, gave incentives to brazilian businesses and government to build factories and thus flocked people for jobs from rural to cities. |
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Return to export led development 1970-present |
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Military Government promoted capital goods industrialization such as cars airplanes. Military Government also holds down wages despite very high inflation making inequality even higher. |
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formation of regional free trade agreement |
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Brazil Economy today still has |
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Tremendous inequalities, boom and bust cycles, dependence and vulnerability to core markets. |
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