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Examine the economic factors that contributed to industrialization in Brazil

      

Examine the economic factors that contributed to industrialization in Brazil

  

Answers


Dana
Raw materials: her diverse climatic conditions promoted growing of various tropical crops. Her vast forest resources provided raw materials for timber industries. The country has large deposits of iron ore, manganese, manganese dioxide, bauxite and gold. These form the basis for industrialization in Brazil
Energy resources: her rich coal deposits in Parana, hydroelectricity from Sao Paulo areas, petroleum and wood fuel have provided energy to run industries hence industrialization
Transport and communication: the development of good road and railway networks connecting major industrial towns like Rio de Janeiro and Sao Paulo encouraged industrialization
Capital: the state in fulfillment of her plans, provided capital for investment in sectors such as energy and transport. This led to industrialization
Market: the large population provided market for her industrial goods. The country also enjoyed a wider external market in Latin and Caribbean Central American region
Labor: the large population availed labor in mines, agricultural plantations and factories.

Dana05 answered the question on June 14, 2019 at 11:50


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