Casually reading on Brazil and realizing it's such huge force in worlds economy.
Under Purtugese control it produced Sugar Gold, coffee with three millions imported african slaves and tons of migrants from various European countries. (1930 era)
In fact, international mass immigration to Brazil during the 19th century had positive effects on the country's
human capital development. Immigrants usually exhibited better formal and informal training than native Brazilians and tended to have more entrepreneurial spirit. Their arrival was beneficial for the region, not only because of the skills and knowledge they brought to the country themselves, but also because of spillover effects of their human capital to the native Brazilian population. Human capital
spillover effects were strongest in regions with the highest numbers of immigrants, and the positive effects are still observable today, in some regions.
In 2007, with a population of over 209 million and abundant natural resources, Brazil was one of the ten largest markets in the world. Its GDP surpassed that of the United Kingdom in 2012, temporarily making Brazil the world's sixth-largest economy.
Today the Brazilian economy is the third largest in the
Americas. From a colony focused on primary sector goods (sugar, gold and cotton), Brazil managed to create a diversified industrial base during the 20th century. The steel industry is a prime example of that, with Brazil being the 9th largest steel producer in 2018, and the 5th largest steel net exporter in 2018.
Gerdau is the largest producer of
long steel in the Americas, owning 337 industrial and commercial units and more than 45,000 employees across 14 countries.
Petrobras, the Brazilian oil and gas company, is the most valuable company in Latin America.
What was impressive is the number of cars they make, generally among five top countries worldwide; Despite the global chip shortage,
the Brazilian automotive industry produced a total of 2.25 million vehicles in 2021, 11.6-percent more than the previous year, according to data from the national association of car manufacturers.
In 2021, the
Fiat Strada was the best-selling car model in Brazil, accounting for over 109,100 passenger cars sold in the South American country. Its compact size also allows it to manoeuvre nicely through heavy traffic and to be parked easily.
Although the Strada is a good vehicle, Fiat doesn't hold a strong impression with South African buyers but it is worth considering against its rivals.
Some history of FIAT in an older vid but 2009 Strada looks like the current one
.