Explain the factors that facilitated the growth of industries in brazil

- High population -The country’s high population provided both skilled and
unskilled labour.
- Availability of market for Brazilian industrial goods locally and abroad.
- Availability of natural resources e.g. coal, iron ore, uranium and gold there
together with agriculture products provided raw materials for industries.
- Improved transport and communication infrastructure that facilitated
transportation of raw materials and finished products to their destinations.
- Well developed banking industry in all major town that facilitated provision of
loans to investors.
- Availability of capital from the USA, Canada, Britain and France which was used
to invest in industries.
- Sound economic policies adopted by the Brazilian government under the
leadership of Gethnio Vargas who provided loans and subsidies to industries;
- Availability of source of energy e.g. hydroelectric power and petroleum.
- The world war II also was a boost to industrial sector in Brazil since they could not
import from Europe during the war so the alternative was to produce her own
goods.
- The education system in brazil is also industrial oriented since students were
taught skills that are related to the industrial sector