Discuss six reasons for the delay in industrialization in Brazil.
Answer:
-Poor transport facilities which hinder transportation of goods and people.
-Widespread of poverty hence low purchasing power.
-Huge foreign debts which are burden to the country.
-Competition from already developed industrialized nations.
-Inadequate technological skills
-Lack of capital to fully develop the industrial sector.
-High rates of inflation making goods very expensive for the local people.