Case Studies (HSC SSCE Economics): Flashcards

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Brazil
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Brazil's rank in global economy (2023)

9th largest

Brazil's Gini index (2022)

52.9 - one of world's highest (severe inequality)

Bolsa Família programme

Cash transfers to poor conditional on school & health attendance

Stagflation definition

High inflation and high unemployment occurring simultaneously

Main cause of Amazon deforestation (%)

Cattle farming (80%)

Brazil export revenue: 2000 vs 2022

55bn USD (2000) to 335bn USD (2022)

Mercosur

South American customs union led by Brazil (formed 1995)

Import substitution strategy

Replacing imports with domestic production vs developing exports

Brazil pension system cost (% of budget)

56%

Ethanol as % of Brazil's fuel usage

45%

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