The tenente rebellion did not mark the revolutionary breakthrough of Brazil's bourgeois social reformers. But the ruling paulista coffee oligarchy could not withstand the near-breakdown of world capitalism in 1929. Brazil's vulnerability to the Great Depression had its roots in the economy's heavy dependence on foreign markets and loans. Despite limited industrial development in São Paulo, the export of coffee and other primary products was still the mainstay of the economy. Days after the U.S. stock market crash on October 29, 1929, coffee quotations immediately fell 30% to 60%. The subsequent decline was even sharper. Between 1929 and 1931, coffee prices fell from 22.5 cents per pound to 8 cents per pound. As world trade contracted, the coffee exporters suffered a vast drop in foreign ex
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| - Brazil (Axis vs Allies R-Word Map Game)
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| - The tenente rebellion did not mark the revolutionary breakthrough of Brazil's bourgeois social reformers. But the ruling paulista coffee oligarchy could not withstand the near-breakdown of world capitalism in 1929. Brazil's vulnerability to the Great Depression had its roots in the economy's heavy dependence on foreign markets and loans. Despite limited industrial development in São Paulo, the export of coffee and other primary products was still the mainstay of the economy. Days after the U.S. stock market crash on October 29, 1929, coffee quotations immediately fell 30% to 60%. The subsequent decline was even sharper. Between 1929 and 1931, coffee prices fell from 22.5 cents per pound to 8 cents per pound. As world trade contracted, the coffee exporters suffered a vast drop in foreign ex
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| abstract
| - The tenente rebellion did not mark the revolutionary breakthrough of Brazil's bourgeois social reformers. But the ruling paulista coffee oligarchy could not withstand the near-breakdown of world capitalism in 1929. Brazil's vulnerability to the Great Depression had its roots in the economy's heavy dependence on foreign markets and loans. Despite limited industrial development in São Paulo, the export of coffee and other primary products was still the mainstay of the economy. Days after the U.S. stock market crash on October 29, 1929, coffee quotations immediately fell 30% to 60%. The subsequent decline was even sharper. Between 1929 and 1931, coffee prices fell from 22.5 cents per pound to 8 cents per pound. As world trade contracted, the coffee exporters suffered a vast drop in foreign exchange earnings. The Great Depression possibly had a more dramatic effect on Brazil than on the United States. However in 1933-1934, Vargas managed to push his way through to acquire foreign investment in the expansion of Brazil's industry, internal development, and a fully expansive program to continue the development as well as expand internal resource extraction. Alongside this, powerful internal development incentives, the use of deficit spending the rebuild Brazil's Job base, and the militarization of Brazil led to massive job increases, industrial expansion on par with Germany's rapid industrialization in its beginnings, and a resource development which allowed for much of Brazil's previously import economy to do a complete turn around and replace certain major goods on the market. Brazil major re-rise to power did, however, begin its turn back to a more powerful form of Democracy rather than Vargas' blatant Fascism. Vargas, while very unhappy with this, has allowed more Democratic policies to push through into Brazil's government
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