Economy of Brazil

Economy of Brazil

Defining Economy

I am researching the economy of Brazil. The definition of economy: The Management of the income, expenditures, etc of a household, business, community, or government. Careful management of wealth, resources, etc; avoidance of waste by careful planning use; thrift or thrifty use. (1) The system or range of economic activity in a country, region, or community. (2)

Characteristics of Brazil

The country of Brazil official name is Federative Republic of Brazil, the term for citizens is Brazilian, and its capital is Brasilia. Brazil gained its independence for Portugal September 7, 1822. Brazil shares boundaries with all South American countries except Chile and Ecuador, and is 8,511,996 square kilometers (3)

The population of Brazil is 158.9 million with an average growth of 1.2% from (1994-1998). Brazil Gross Domestic Product is $1111.5 billion with an average growth of 3.2%. The per capita income is $4,820; these numbers are quite typical for a Latin American country. (3)

The Economy During the Pre-Colonial Period

European colonialism basically developed the economy in Brazil. The territory that comprises modern Brazil had a native population in the millions, divided among hundreds of tribes and language groups. Their ancestors have lived in this land for as long as 30,000 years. The Indians spoke languages that scholars have classified into four families: the Gê speakers, originally spread along the coast and into the central plateau and scrub lands; the Tupí speakers, who displaced the Gê on the coast and hence were the first met by the Portuguese; the Carib speakers in the north and in Amazônia, who were related distantly to the people who gave their name to the Caribbean;...

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...rently involved in a war and is in an economic recession.

Bibliography:

References:

1. Agnes, Micheal. 1999. Webster New World Dictionary. 4d ed. New York: Macmillan USA.

2. Dictionary.com. 3/15/02. http://www. Dictionary.com

3. Ben-Vindo Ao Brasil. 3/15/02. http:// darkwing.uoregon.edu/~sergiok/brasil.html

4. Abreu, João Capistrano. 1997. Chapters of Brazil's Colonial History, 1500-1800. New York: Oxford University Press.

5. Baer, Werner. 1989. The Brazilian Economy: Growth and Development. 3d ed. New York: Praeger.

6. Furtado, Celso. 1974. The Economic Growth of Brazil: A Survey from Colonial to Modern Times. Berkeley: University of California Press.

7. Burns, E. Bradford. 1993. A History of Brazil. 3d ed. New York: Columbia University Press.

8. Global Review. 3/15/02. http://www.global-review.com/on-line/brazil/index.htm