ISI and labor movements for Argentina and Brazil

ISI and labor movements for Argentina and Brazil - ISI and...

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ISI and labor movements for Argentina and Brazil Argentina and Brazil: ISI Argentina and Brazil both developed significant industrial plants that helped generate economic growth. There were indeed some limitations and drawbacks but the results created movement for the national economies. Ruling elites in several countries imposed high repressive regimes through military coups in Brazil in 1964 and Argentina in 1966. Because of the economic stagnation, the military as well as the civilian elites thought that they had to stimulate investment. They believed in order to do this, they needed to crush the power of the working class. The ISI was the most successful in large populated countries such as Argentina and Brazil because the investments that took to produce cheap consumer products paid off in a small consumer market. As a result of the ISI, the Brazilian econpmy experienced rapid growth and considerable diversification. Between 1950 and 1961, the average annual rate of growth of the GDP was over
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ISI and labor movements for Argentina and Brazil - ISI and...

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