Question

write about Brazilian economic crisis and causes ?

Answer 1

From mid 2014 to 2016, Brazil experienced a severe economic crisis. The economic crisis became coupled with a political crisis in Brazil that resulted in the impeachment of president Dilma Rousseff and in widespread dissatisfaction with the political system.

From mid 2014 to 2016, Brazil experienced a severe economic crisis. The economic crisis became coupled with a political crisis in Brazil that resulted in the impeachment of president Dilma Rousseff and in widespread dissatisfaction with the political system.In 2015, Brazil's gross domestic product (GDP) fell by 3.9% due to a drop in salaries, restrictions on credit and a rise in the basic interest rate. In 2016, Brazil's GDP fell by 3.6% with reductions across all sectors of the economy. It was the first time since 1931 that the GDP had fallen in two consecutive years. In the first quarter of 2017 the GDP rose 1.4%, finally ending the recession. 

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