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The currently Brazil's economy, still reflects the one from before of globalization, mainly based on agriculture. The most popular products of Brazil - since the colonization of Portugal - was:
- 1° - "Pau Brasil" - (About 1500) until the tree almost get extinct. This product was used to make ink for fabrics.
- 2° - Sugar - At Brazil's northest - one of the first regions to be colonized by portugueses there is - or there was - a great ground to sowing, called "massapê" soil.There, the portugueses instituted vast plantations of sugarcane and for a long period they sold it for all Europe, however the portugueses don't knew how to process the sugarcane for obtain refined sugar, then, this job was done by the Dutch people.
- 3° - Coffee - This one lasted a long time - until be replaced by soybean at the half of last century. The most of political of the time came from the coffee farms, they were called "coronéis" (coronels) or barons of coffee.
I tryed to cite the most important products from this country but, of course, there are many other like cotton, alcohol, orange among others.
The internal market of Brazil never was an atractive for internal firms - I say about 100 years ago - and because of the manner with which the history was written being Brazil colony of Portugal, the Brazil's market always was kind of globalizated, always trying to serve the European countries or USA - without products with agregated value.
That started to change about 80~70 year ago when Getúlio Vargas came to power. He encouraged the nacional industry that began to develop - but he closed Brazil's doors to the big international industry . After him, there was Juscelino Kubitschek that made the opposite of him antecessor.
During the colonial period, another important caracteristic of the Brazilian market was the extraction of gold, silver among other ores.
I hope I have been helpful.
Wiki User
∙ 12y ago
Wiki User
∙ 11y agoInland,many Portuguese settlers created cattle rancher, discoverd gold, gems,and prouduce coffee.
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