Shared Flashcard Set

Details

LA- The Brazilian Economy
Notes
9
Sociology
Undergraduate 2
11/11/2009

Additional Sociology Flashcards

 


 

Cards

Term
Brazils Colonial Economy
Definition
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)
Term
Portuguese forbid what this in colonial Brazil.
Definition
Industrialization
Term
Patron-Client relations
Definition
Client gives labor and loyalty to the Patron in exchange for protection, land and water.
Term
Post Independence Economy 1825-1910
Definition
Sugar cont, but much lower profits, Rubber Boom in the Amazon, Coffee boom in southern brazil, brazil becomes largest supplier of coffee.
Term
Ending of slavery in 1888 led to promotion of
Definition
Immigration from Italy, Japan, Germany to grow coffee beans.
Term
Import Substitution Industrialization
Definition
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.
Term
Return to export led development 1970-present
Definition
Military Government promoted capital goods industrialization such as cars airplanes. Military Government also holds down wages despite very high inflation making inequality even higher.
Term
Mercosur
Definition
formation of regional free trade agreement
Term
Brazil Economy today still has
Definition
Tremendous inequalities, boom and bust cycles, dependence and vulnerability to core markets.
Supporting users have an ad free experience!