Brazil: Economic, Political, Social Change

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Kohorst

Caroline Kohorst

Pollard

IB History of the Americas

31 October 2007

Brazil: Economic, Political, Social Change

Brazil’s “economic miracle”

1. Skidmore, Thomas E. and Peter H. Smith. Modern Latin America. 6th ed. New York:

        Oxford University Press, 2005.

This source explains the effects of Brazil’s economic choices that ultimately lead to the economic expansion known as Brazil’s “economic miracle”.  As the source holds the military as the key player in the bettering of the Brazilian economy, the reasons as to why the economy was growing are listed.

  • With the Revolution of 1964 came the new military government focused upon a democratic structure in order to achieve its primary goal of economic growth.
  • This government in return was able to grow beyond expectations of the Brazilians, but was proven ineffective in its lack of education reform.

2. "DêNio Nogueira and the Brazilian Economic Miracle." Capital Flow Analysis. Center

        for Capital Flow Analysis. 30 Oct. 2007 <http://www.capital-flow-analysis.com/

        investment-tutorial/case_1n.html>.

This source evaluates the role the Brazilian government played in the economic growth during the 1960s. The value of this source is in its ability to inform about the positive outcomes that helped transform Brazil from an unindustrialized nation to a stable economic nation based upon an array of exports and imports, unlike the dependent agricultural exports of previous years.

The specific worth of this article is in its explanations of how the country grew and with what exports. Also, this article shows the effects of the latter political ideologies and how the elimination of the idea of Brazil’s “economic miracle” dismantled all economic growth that had occurred.

  • With a stable government and new economic policies, Brazil was finally able to examine the negative policies from previous years and construct new policies to prevent economic descent.
  • In setting specific goals, the government was able to create “nationalization of production,” therefore leading Brazil towards a positive balance between self-sufficiency and world trade.
  • A large mistake this government made was the failure to educated Brazil. This resulted in a country with a “strong industrial base,” but no education to further it.

3. "The Brazilian Economic Miracle and the Revolution of 1964." Capital Flow Analysis.

        Center for Capital Flow Analysis. 30 Oct. 2007 <http://www.capital-flow-

        analysis.com/ investment-tutorial/case_1n.html>.

This source helps in evaluating the role that the United States played in the government of Brazil during the “economic miracle.” With the explanations of why Brazil depended upon the military in order to further economic progress and create a stable infrastructure.

Though this article contains much on the “economic miracle,” it seems to focus upon the effect of the United States government in bringing this economic success to ruins. The article does not have proper explanations of the United States’s reasoning for turning it’s back on Brazil, but does explain why Brazil was not able to withstand the United States’s effects.

  • With Brazil’s implement of a military government, the people began to see economic progress without the common Latin American politician becoming rich through human suffering.
  • Due to military leadership, the country was able to more wholeheartedly focus upon the economic development of Brazil, rather social and political agendas.
  • Though the infrastructure was somewhat solid, the new military leaders faced “international propaganda,” which lead to the United States’s dissent of Brazil. The new military government led the country backwards in regards to the economy, and therefore negated any progress.
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1. Skidmore, Thomas E. and Peter H. Smith. Modern Latin America. 6th ed. New York:

        Oxford University Press, 2005.

This source evaluates the positive and negative effects that Vargas had upon the political and economic struggles that Brazil could not ignore. The source proves its value in the complete explanation of how Vargas came to power, his effect upon the Brazilians, and the universal importance of his policies.

The objectiveness of this source not only helps in creating a personal understanding of Vargas’s new policies directed towards growth, but also understands the undemocratic ways these policies ...

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