Kristina, Alicia, Dylan

Economic system (

Brazil has a free market economy. Their economy is the ninth-largest in the world and is the largest in South America.

Strengths: (

-Optimism about the future
-Stable government finances
-Industry turning around

Weaknesses: (

-High business costs
-Surprisingly little trade
-Tight labor markets

Economic Preformances and Goals (

  • Property rights- The public is angry about the new state-funded World Cup stadiums while public services are insufficient in funds.
  • Government spending-The tax load is equivalent to 35.3 percent of domestic income. The public debt amounts to 66 percent of the economy.
  • Investment Freedom- Foreign investment in aviation, insurance, and other sectors is limited.

Brazil's Economy (

Brazil’s economic freedom score is 56.6, making its economy the 118th freest in the 2015 Index. Over the past five years, Brazil’s economic freedom has advanced by less than 0.5 point.

Economic Background (

Brazil is the world’s seventh-largest economy with its population of almost 200 million. The middle class is growing, and millions have been lifted out of poverty, but government intervention in the economy continues to cause the miscalculation of capital and limit mobility, fueling a sense of injustice.

Government Style (,, people and places)

Brazil has a government which can be describes as: Federal Republic. A Federal Republic is a form of government made up of a federal state with a constitution and self-governing subunits (so pretty much a democracy).

Brazil was under military rule from 1964-1985. During this time, the economy flourished.

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Current Events (

  • At lease 20 killed in Sao Paulo shootings 'targeted for criminal past' (uploaded August 14, 2014)
  • Thousands of dead fish mysteriously wash ashore close to Jacarepagua Lagoon in Rio (uploaded August 30, 2015)
  • Brazilian drug trafficker "Playboy" famous for ordering his henchmen to break into a sports complex and preform a synchronized swim with their rifles has been killed by police in Rio. (uploaded August 9, 2015)
  • Brazilizn anti-corruption radio DJ, Gleydson Carvalho, was shot dead while still live on air. (uploaded August 8, 2015)
  • Archbishop of Rio, Orani Tempesta, held at gunpoint for the second time in a year as thieves steal his car. (uploaded July 6, 2015)

Interesting Facts (, Governments of the world)

  • Brazilian prisoners can reduce their sentence by 4 days for every book they read and write a report on.
  • The largest population of Catholics in the world is not in Italy or Spain. Its in Brazil: 123 million, 64% of its population.
  • Brazil's capital, Brasilia, looks like an airplane from above.
  • Voting is mandatory in Brazil.
  • There's an island in Brazil where civilians are forbidden to go: it has up to 5 snakes per square meter.
  • Brazil has 26 states that each has its own governor, legislature, and court system similar to the United States.
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Works Cited