Why is Brazil a good example of an Middle Income Country?
Is it becuz it makes money from timber? please be clear :P
Geography - 1 Answers
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it's not 'becuz it makes money from timber'. that's quite a strange question, as surely a 'good example of a middle income country' is one that has a very average national income per capita relative to others around the world. what is interesting about Brazil is that it has recently industrialised and has started to encourage FDI into the country. this allows for increased levels of economic growth with the country's output steadily rising over recent decades after problems with its attempted growth through import substitution industrialisation.
