Advantages And Differences Of France, France And France
Brazil and France have two of the world’s highest economies, they both have well-developed agricultural sector so thats why agriculture plays an important role in both of their economies. In a comparison in the world of countries GDP, France and Brazil are very close only separated by Britain in the six place. France has the fifth place and Brazil takes the seventh place in the table. Brazil important transformations began only in the 1930s, when the steps were taken to change brazil into a modern, semi industrialized economy. On the other hand, France important transformations took place between 1960 and 1973 when the increase of the GDP per year averaged around 6 percent each year. As these countries have things in common they also differ in other things.
To begin with, in Brazil important steps taken since the 1990s toward their sustainability, and the liberation of their economy significantly boosted Brazil’s fundamentals and at the end provided a better environment for private sector development. Currently, with a population of over the 190 million and their abundant resources, Brazil is one of the ten largest …show more content…
This is because they manage a market based capitalism but also a socialist planning system. Their mixed economy include the large agriculture and manufacture industries but also the mining sector. However, some of these large industries are owned by the government but some such like railroads and utilities are privatized but still owned by the government them. Of course, the largest company in the country known as Petrobras is also owned by the government. With some privatization efforts made by the government in the 90s brought with it an investment of Europe and the United States that is what contributed to the economic growth of the country over the past decade. With this economic system Brazil in 2008, had estimated a $2 trillion making it the 10th largest in the whole
To begin with, in Brazil important steps taken since the 1990s toward their sustainability, and the liberation of their economy significantly boosted Brazil’s fundamentals and at the end provided a better environment for private sector development. Currently, with a population of over the 190 million and their abundant resources, Brazil is one of the ten largest …show more content…
This is because they manage a market based capitalism but also a socialist planning system. Their mixed economy include the large agriculture and manufacture industries but also the mining sector. However, some of these large industries are owned by the government but some such like railroads and utilities are privatized but still owned by the government them. Of course, the largest company in the country known as Petrobras is also owned by the government. With some privatization efforts made by the government in the 90s brought with it an investment of Europe and the United States that is what contributed to the economic growth of the country over the past decade. With this economic system Brazil in 2008, had estimated a $2 trillion making it the 10th largest in the whole