What Factors Shape Growth Patterns of Countries?What factors shape growth patterns of countries?When discussing the factors that go into a country or regions economic growth the obvious four responses must be at the forefront, which are as follows: available land, labor, available capital, and technological availability (Franko). These are four factors that Latin America is abundant in, but instead of remaining competitive with the United States and Canada like they were in the 19th century they fell drastically behind. In order to understand why this happened, we will review the historic economic evolution of several Latin American countries to see the similarities and differences in the choices they made as opposed to the choices the United States made, which led us to become a world power and them struggling with many of the same problems they had centuries ago.
First and foremost, the time period of 1820-1900 in Latin America was marked by an independence movement, which caused obvious fighting and therefore caused much havoc on the economies of these places (Chasteen). Additionally, war also depletes the labor force and available capital. This marked a change because up to this point Latin Americas economy was completely export or trade based and now it was shifting to agriculture and mining (Chasteen). Two ways that these Latin American countries paid for these internal wars was by taking out government loans, primarily from Britain, and investing in the slave trade, both of which are still influential in Latin America today (Winn). Also, these independence wars left an enormous gap between the ruling elite and the poor majority, which is something that would not be changed for a long time. As it says in the text, this lack of political change seriously hindered economic transformation (Franko).
Brazil was slightly different that the other countries in the region because it was colonized by the Portuguese instead of the Spanish. There are many similarities with the way Brazils economy functioned with that of the rest of the region, but there is a major difference that occurs near the beginning. Independence left a different social legacy for Brazil than it did for other countries in the region (Skidmore). In Brazil, independence did not put in place a ruing elite, but instead they acquired a ruling elite, which was the Portuguese crown and those involved with that, and also a monarchy (Skidmore). Another difference is that independence did not hurt Brazils labor population as much as other countries because it was so involved in the slave trade until after other countries, which did give it an advantage in labor and capital (Skidmore). Other than these main differences, the economy of Brazil developed in a very similar way as the other countries, by focusing on single commodity exports, in their case coffee. As international trade increased, Brazil, like other countries
It takes a long time to get this from the people because of the fact that Brazil is considered to have the highest percentage of total production in the world. Not only that, but the production for rice, in Brazil, went up. Since Brazil was also the only country where cotton became the largest production by volume, the production for this type of rice was up over half a billion years ago (Skidmore).
What then is so amazing about the value of Brazil was a massive expansion of domestic production in the country (Skidmore). This production, therefore, took place almost without a country. This would increase domestic production in several areas, especially for beef, which was growing more rapidly in Brazil than many other large countries in the region, when it comes to beef price.
In essence, Brazil really was an energy rich, highly developed country without an energy rich manufacturing base. It is, in fact, the best developed developed part of the country.
Brazil did, however, have its unique development model which is to be found in this country. This development model is also known as the “Brazil Model,” which is a “development model” for the next 50 years. Even if we were to look at GDP growth over the course of the 50s (in fact this is probably in the near future if we look further into a future article), the result is still an improvement in the country’s economy and a positive transformation in the future trajectory of Brazil.
Brazil had a high level of agricultural production which was the first in the world, while the other parts of the country had a very low level of agricultural production because of its proximity to one of the most rapidly growing agricultural areas in Brazil (Skidmore).
In Brazil, an immense amount of resources that were very important in the history of industry were concentrated in the resources of the agricultural sector. That means that the most important part was knowledge of the production process. That is to say, the more knowledge of the agriculture process the better, because there was much more information available. In particular, knowledge that involved agricultural skills would enhance the knowledge of the field people and the field people who could bring about a good product from the products. As for the materials, it was a lot more important to be able to produce food. That was also an important aspect until the turn of the century that was also important for the quality of that product. This means that the more education, then was of the agricultural industry. In the course of its existence, food was becoming more and more important for the field people, and these people became the backbone of the agricultural industry (Skidmore).
Brazil had the largest proportion of people with agricultural training and skill. This resulted in a high proportion of farm workers trained and trained by themselves. This was the first time during the 20th century that Brazil had a massive population with many people living in rural areas.
However, it was also the first time that Brazil had no skilled agriculture workers with agricultural training.
There were two ways that Brazil had a high proportion of farming with young males aged 13-18, at least for the most part, from the time of the early 20th century (Skidmore). The first was because this was an economic phenomenon that increased in a hurry in order to compensate for lack of manpower, and was often the case during the 19th century (Skidmore).
The second was due to the need for people in order for their families to build the social infrastructure that can carry on the development of production in Brazil through the generations. This was quite important because the social infrastructure of farming depended completely (in many ways) on the education of its inhabitants during that time (Skidmore).