Economic Impact
- The share of the primary sector in the gross national product declined from 28% in 1947 to 11% in 1992.
- WWII brought an instant improvement in Brazil’s international trade status
- Exports rose dramatically
- Large hard currency reserves for the first time since the great depression
- Exports valued at $388,000,000 in 1942
- The American publication Business Week stated “There is no question but that Brazil has the biggest potential of any nation in Latin America.”
- War benefited Brazil financially
- Electric power, coal, etc. was controlled and managed by foreigners with the rest of the world