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

Geography

1 answer:

34kurt3 years ago

4 0

Answer:

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.

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