Question

The Brazilian economy is a capitalist economy.​

Answer 1

Answer:

In the past decade, Brazil has entered the first stages of a modern capitalist reorganization. Its economic transition has been gradual, but the country has avoided crippling setbacks. For many observers, Brazil seems finally to be pulling itself out of two frustrating decades of economic stagnation and political turmoil.

Answer 2

Answer:

Brazil's bursting economy may be under tighter state control than any economy outside the Communist countries. It is capitalism, sure enough—in some respects even “buccaneer capitalism,” as one of its architects has described it—but it is increasingly a state‐directed capitalism.