Whait is the similarities between india and brazil ?write in brief
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Brazilian economy is heavily dependent on natural resources, and that has led to struggles in the past few years with low oil prices.
Indian economy is mostly based on services, with huge importance to agriculture and manufacturing. It consumes a lot more oil than it produces, which has led to minimal impact of low oil prices.
Brazil currently has a better standard of living than India, with higher GDP per capita, less pollution, less water/power shortages.
Indian economy is mostly based on services, with huge importance to agriculture and manufacturing. It consumes a lot more oil than it produces, which has led to minimal impact of low oil prices.
Brazil currently has a better standard of living than India, with higher GDP per capita, less pollution, less water/power shortages.
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Explanation:
Ans. Similarities between India and Brazil are as follows: (1) India as well as Brazil are surrounded by water bodies.
(2) Both the countries were under the foreign rules for many years. Today, both the countries have republic type of government.
(3) Both the countries had to face various types of difficulties after independence.
(4) Today, both the countries are considered to be an important global markets.
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