How have Brazil and Venezuela tried to use their natural resources to boost their economies?

Answer 1

Brazil- Brazil commands the 5th largest geographical area of any country in the world and is the largest country within the continent of South America. Within Brazil reside 190 to 200 million people, the majority of whom are poverty stricken and illiterate.

Brazil Economy - Major Industries

• Brazil holds 8th place worldwide for GDP - Gross Domestic Product
• Average GDP growth for Brazil overall is 5% - most of that is for the very rich
• Brazil exports 25% of the world's supply of refined and raw sugar products
• 80% of the Orange Juice produced worldwide comes from Brazil
• Brazil leads the world in soybean production and export
• Brazil also sells significant amounts of chicken and beef to other parts of the world
• They are the 5th largest producer of cellulose in the world

The Brazil economy reflects the diversity of the country and their people when you look at the other markets into which Brazil has invested: banking, wheat, footwear, coffee, diamonds, aircraft, mineral resources and mining, petrochemicals, cattle, computers, and automobiles.

Venezuela they use the same thing as well, as Brazil does =)

Hope his helps!

Answer 2

Brazil has a large economy and the exports of its natural resources are one reason for this. Brazil, or as it is spelled in Portuguese, Brasil, consumes items that it also exports. Major exports are soybeans, coffee, oil, iron and iron ore. What seems to have slipped under the radar are its agreements with Japan regarding Brazil's rainforests. Japan has built large facilities to " farm for export to Japan" thousands of acres of rainforest trees for the wood that japan requires as forests are a rarity in Japan. Japan also imports wood from Canada & the USA, however, Brazil is not as careful as it could be in protecting the thousands of acres of rainforest trees.