Question

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

Answer 1

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.