BRAZIL
1. Bauxite, gold, iron ore, manganese, nickel, phosphate, platinum, tin, uranium, petroleum, hydro power and timber.
2.Characterized by a large and well-developed agricultural, mining, manufacturing, and service sectors? Also some of their main employers would be under the category of automobiles, steel, petrochemicals, computers and even aircraft.
3. The consumer makes the economic decision. The consumer can choose what he buys and can even change the company's production line e.g. end Holden monaro production and bring out torana.
4.Brazil's largest company would be petrobras it is an oil and gas company. It would be capital intensive because it is a very expensive business to run, e.g gas tanks, trucks for exportation of gas/oil and machinery to get the gas/oil.
5. Brazil may have many poor areas like slums and such but it has been known to use advanced machinery because of its large(successful) businesses like gas/oil, utilities and various material businesses.
6. The main economic problem in Brazil would be that the population below the poverty line is 31% that is very high. This may effect the economy because there may be less people working and the businesses that use labour-intensive will be less successful, therefore going out of business and then putting other citizens into the poverty because they now have no jobs! So far there is being not much done to change the people's situation. I am sure they are thinking of something now because this poverty problem can ruin alot of businesses in brazil therefore declining its profit.
7. Brazil is a further developing country and it has many good things to come to it, Australia is developed yet is still arising in size and technology, we are a fast growing community and we have many years to gain money and further our profit. It is also very different, we have a very low amounts of poverty(compared to Brazil) and the is no such thing as slums in australia. Brazil is a labour county though because they have a high population working in places such as farmes and factories!
By Michael Bunce.
