Brazil Background

Background: Following three centuries under the rule of Portugal, Brazil became an independent nation in 1822 and a republic in 1889. By far the largest and most populous country in South America, Brazil overcame more than half a century of military intervention in the governance of the country when in 1985 the military regime peacefully ceded power to civilian rulers. Brazil continues to pursue industrial and agricultural growth and development of its interior. Exploiting vast natural resources and a large labor pool, it is today South America's leading economic power and a regional leader. Highly unequal income distribution and crime remain pressing problems.

Definition: This entry usually highlights major historic events and current issues and may include a statement about one or two key future trends.

Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of May 16, 2008