Why does Brazil invest in healthcare, energy, and technology?

A. to stop exporting commodities and export high tech goods instead

B. to attract higher paying jobs and industries to the country

C. to increase imports with more technologically advanced countries

D. to reduce the gross domestic product per capita of the country

Question

Kaydence Combs

Geography

8 July, 08:25

Why does Brazil invest in healthcare, energy, and technology?

A. to stop exporting commodities and export high tech goods instead

B. to attract higher paying jobs and industries to the country

C. to increase imports with more technologically advanced countries

D. to reduce the gross domestic product per capita of the country

+5

Answers (1)

Know the Answer?

Faith Macias · Answer 1

The correct response is Option B to attract higher paying jobs and industries to the country.

Explanation:

Brazil is investing in high tech and research-intensive industries like healthcare, energy, and technology in an effort to improve the level of talent and skills that are needed to encourage the creation of higher-paying jobs rather than low skilled work. In recent decades Brazil's high-tech industry has not kept pace with the agribusiness sector for example which makes up a larger part of Brazil's GDP. An overvalued currency has also favored the importation of technological products from abroad and there was relatively little local investment in the high-tech industry. Brazil is now concerned about promoting high-tech and high-skilled jobs so the situation improves for younger generations that are more technology-focused.