ºÝºÝߣ

ºÝºÝߣShare a Scribd company logo

Comparing latin american economies of cuba and brazil

•Download as PPT, PDF•
•
H
Heather Bishoff

The document compares the economies of Brazil and Cuba by discussing their economic systems, natural resources, industries, education, and GDP. Brazil has a mixed economic system, with businesses deciding production while the government regulates procedures. Cuba has a command economic system where the government makes all economic decisions. Brazil's GDP in 2008 was $2.03 trillion compared to Cuba's $144.6 billion. Both countries have high literacy rates but Cuba requires students to stay in school longer.

1 of 21
Downloaded 12 times
Comparing Latin American Economies Brazil, & Cuba Unit 10 Notes
Foreign Exchange Rates The price of 1 country’s currency compared to another… 1 US dollar = 11 Mexican pesos 1 US dollar = 1.8 Brazilian reals 1 US dollar = .92 Cuban pesos
3 Economic Questions… What to Produce? Businesses decide and government approves/denies it How to produce it? Businesses decide & government regulates procedures For whom to produce? Businesses decide based on supply & demand (price) Which economic system does Mexico have?…
Federative Republic of Brazil
3 Economic Questions… What to Produce? Businesses decide and government approves/denies it How to produce it? Businesses decide & government regulates procedures For whom to produce? Businesses decide based on supply & demand (price) Which economic system does Brazil have?…
Brazil’s Economic System Brazil has a Mixed economic system
Brazil’s Natural Resources What’s available? bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, timber
Brazil’s Land Use What percentage of the land is arable (capable of being farmed)? 6.9%
Brazil’s Industries What’s being produced in the factories? textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
Brazil’s Literacy Rate What percentage of people over the age of 15 can read and write? 88.6% How long are students required to stay in school? 14 years
Brazil’s Unemployment Rate What percentage of people do not have jobs? 8% What percentage of people live in poverty? 22%
Brazil’s GDP $2.03 trillion (2008) GDP Per Capita--What is the value of goods and services produced per person ? $10,300 (2007)
Republic of Cuba
3 Economic Questions… What to Produce? Government makes all economic decisions How to produce it? Government decides how to make goods/services For whom to produce? Whoever the government decides to give them to Which economic system does Cuba have?…
Cuba’s Economic System Cuba has a Command economic system
Cuba’s Natural Resources What’s available? cobalt, nickel, iron ore, chromium, copper, salt, timber, silica, petroleum, arable land
Cuba’s Land Use What percentage of the land is arable (capable of being farmed)? 27.63%
Cuba’s Industries What’s being produced in the factories? sugar, petroleum, tobacco, construction, nickel, steel, cement, agricultural machinery, pharmaceuticals
Cuba’s Literacy Rate What percentage of people over the age of 15 can read and write? 99.8% How long are students required to stay in school? 16 years
Cuba’s Unemployment Rate What percentage of people do not have jobs? 1.8%
Cuba’s GDP $144.6 billion (2008) GDP Per Capita--What is the value of goods and services produced per person ? $12,700 (2008)

More Related Content

Comparing latin american economies of cuba and brazil

  • 1. Comparing Latin American Economies Brazil, & Cuba Unit 10 Notes
  • 2. Foreign Exchange Rates The price of 1 country’s currency compared to another… 1 US dollar = 11 Mexican pesos 1 US dollar = 1.8 Brazilian reals 1 US dollar = .92 Cuban pesos
  • 3. 3 Economic Questions… What to Produce? Businesses decide and government approves/denies it How to produce it? Businesses decide & government regulates procedures For whom to produce? Businesses decide based on supply & demand (price) Which economic system does Mexico have?…
  • 5. 3 Economic Questions… What to Produce? Businesses decide and government approves/denies it How to produce it? Businesses decide & government regulates procedures For whom to produce? Businesses decide based on supply & demand (price) Which economic system does Brazil have?…
  • 6. Brazil’s Economic System Brazil has a Mixed economic system
  • 7. Brazil’s Natural Resources What’s available? bauxite, gold, iron ore, manganese, nickel, phosphates, platinum, tin, uranium, petroleum, hydropower, timber
  • 8. Brazil’s Land Use What percentage of the land is arable (capable of being farmed)? 6.9%
  • 9. Brazil’s Industries What’s being produced in the factories? textiles, shoes, chemicals, cement, lumber, iron ore, tin, steel, aircraft, motor vehicles and parts, other machinery and equipment
  • 10. Brazil’s Literacy Rate What percentage of people over the age of 15 can read and write? 88.6% How long are students required to stay in school? 14 years
  • 11. Brazil’s Unemployment Rate What percentage of people do not have jobs? 8% What percentage of people live in poverty? 22%
  • 12. Brazil’s GDP $2.03 trillion (2008) GDP Per Capita--What is the value of goods and services produced per person ? $10,300 (2007)
  • 14. 3 Economic Questions… What to Produce? Government makes all economic decisions How to produce it? Government decides how to make goods/services For whom to produce? Whoever the government decides to give them to Which economic system does Cuba have?…
  • 15. Cuba’s Economic System Cuba has a Command economic system
  • 16. Cuba’s Natural Resources What’s available? cobalt, nickel, iron ore, chromium, copper, salt, timber, silica, petroleum, arable land
  • 17. Cuba’s Land Use What percentage of the land is arable (capable of being farmed)? 27.63%
  • 18. Cuba’s Industries What’s being produced in the factories? sugar, petroleum, tobacco, construction, nickel, steel, cement, agricultural machinery, pharmaceuticals
  • 19. Cuba’s Literacy Rate What percentage of people over the age of 15 can read and write? 99.8% How long are students required to stay in school? 16 years
  • 20. Cuba’s Unemployment Rate What percentage of people do not have jobs? 1.8%
  • 21. Cuba’s GDP $144.6 billion (2008) GDP Per Capita--What is the value of goods and services produced per person ? $12,700 (2008)