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State three factors that have influenced industrialization in Brazil

State three factors that have influenced industrialization in Brazil

Answers

John
1. Her huge population provides ready market for industrial goods

2. Government policy in 1930-1945 in which the government nationalized her industries for effective control

3. Foreign aid has been provided by the USA which Brazil has used to invest in iron and steel industry

4. It has good transport and communication network

5. Brazil has many natural resources e.g. forests, mineral

6. Brazil has enough sources of energy e.g. HEP

7. Brazil has developed agricultural sector e.g coffee

8. Brazil has a large population; which provides industries with much needed labour

9. The state provided funds for improvement in transport and energy sector, thus increased industrial development

OR

1. Availability of both skilled and unskilled labour supply from the country’s large population.
2. External markets with other countries have increased.
3. Enough natural resources are available like coal, iron ore, uranium, manganese, gold and oil, provided raw materials for industries.
4. Improved transport and communication like railway lines and telephone and telegraph lines.
5. Development of banking for provision of loans to individuals who wanted to venture into the business.
6. Good economic policies which encouraged development of transport and communication, HEP and oil exploration.
7. Foreign capital which was used to establish industries in the country.
8. The countries industrialization was boosted by the HEP and coal which were readily available.
9. The main obstacles of industrialization in Brazil.
10. High poverty levels as more than 40% the Brazilian population is poor and therefore has low purchasing power.
11. Inability to fully exploit her natural resources.
12. Stiff competition from already industrialized nations for manufactured goods.
13. Huge foreign debts as a lot of money are used to service these loans instead of investing it in industries.
14. It has poor technology to allow for the effective exploitation of her resources.
johnmulu answered the question on February 10, 2017 at 06:12

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