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Posted by / 21-Oct-2019 21:43

Dating in bad economy

Brazil's economy has a gross domestic product (GDP) of R.826 trillion, or US

Brazil's economy has a gross domestic product (GDP) of R$6.826 trillion, or US$1.868 trillion nominal, according to the International Monetary Fund (IMF), being ranked as the 9th largest economy in the world.It is the second largest in the American continent, only behind the United States' economy.From Portugal's colonization of Brazil (1500–1822) until the late 1930s, the Brazilian economy relied on the production of primary products for exports.In the Portuguese Empire, Brazil was a colony subjected to an imperial mercantile policy, which had three main large-scale economic production cycles – sugar, gold and from the early 19th century on, coffee.The economy of Brazil was heavily dependent on African slave labor until the late 19th century (about 3 million imported African slaves in total).

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Brazil's economy has a gross domestic product (GDP) of R$6.826 trillion, or US$1.868 trillion nominal, according to the International Monetary Fund (IMF), being ranked as the 9th largest economy in the world.

It is the second largest in the American continent, only behind the United States' economy.

From Portugal's colonization of Brazil (1500–1822) until the late 1930s, the Brazilian economy relied on the production of primary products for exports.

In the Portuguese Empire, Brazil was a colony subjected to an imperial mercantile policy, which had three main large-scale economic production cycles – sugar, gold and from the early 19th century on, coffee.

The economy of Brazil was heavily dependent on African slave labor until the late 19th century (about 3 million imported African slaves in total).

In that period Brazil was also the colony with the largest amount of European settlers, most of them Portuguese (including Azoreans and Madeirans) but also some Dutch (see Dutch Brazil), Spaniards, English, French, Germans, Flemish, Danish, Scottish and Sephardic Jews.

.868 trillion nominal, according to the International Monetary Fund (IMF), being ranked as the 9th largest economy in the world.

It is the second largest in the American continent, only behind the United States' economy.

From Portugal's colonization of Brazil (1500–1822) until the late 1930s, the Brazilian economy relied on the production of primary products for exports.

In the Portuguese Empire, Brazil was a colony subjected to an imperial mercantile policy, which had three main large-scale economic production cycles – sugar, gold and from the early 19th century on, coffee.

The economy of Brazil was heavily dependent on African slave labor until the late 19th century (about 3 million imported African slaves in total).

In that period Brazil was also the colony with the largest amount of European settlers, most of them Portuguese (including Azoreans and Madeirans) but also some Dutch (see Dutch Brazil), Spaniards, English, French, Germans, Flemish, Danish, Scottish and Sephardic Jews.

The agricultural sector and the mining sector also supported trade surpluses which allowed for massive currency gains (rebound) and external debt paydown.Six billionaires alone are richer than the 100 million poorest Brazilians.According to data from the Brazilian Institute of Geography and Statistics, extreme poverty increased by 11 per cent in 2017, while inequalities also increased again (the Gini index rose from 0.555 to 0.567).The Economy of Brazil is the world's ninth largest economy by nominal GDP and eighth largest by purchasing power parity.The Brazilian economy is characterized by a mixed economy that relies on import substitution to achieve economic growth.

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