edict
an order issued by someone in authority
de-index
decorrelate; used to disassociate minimum wage and inflation
Brazilian Real
currency in Brazil
inflation
A continuous rise in the price of goods and services
Cost Push- 1 product goes up, so does another that depends on it ex: cheese goes up so then pizza does
Demand Pull- too little product, too much money for buying
Wage Push Inflation- employee gets raise- boss ups product prices to pay for such raise-people need more money to pay for higher priced goods- so they ask for a raise
How it relates to Brazil: Brazil's government printed money just to fund the construction of Brasilia and put it directly into the bank accounts of the people building it. Those people then spent it and then prices went up because more people had money to spend = inflation
Brasilia
constructed in 1960 as a planned inland capital; encouraged movement to that area; plan didnt really work and caused a lot of inflation due to money printed and spent on/for just the project
Bandeirantes
Brazilian frontiersmen who enslaved indigenous people for sugar plantations
Quilombos
communities created by escaped African slaves in Brazil
Mulatto
used in Spanish and Portuguese colonies to describe someone of mixed African and European descent.
Creole
A language that results from the mixing of a colonizer's language with the indigenous language of the people being dominated.
Mercantilism
belief in the benefits of profitable trading; commercialism.
The Treaty of Toredesillas
divided up future discoveries in the "New World" between Portugal and Spain; issued by the Pope in 1494
Corpatism
the control of state by large interest groups
Patronage
granting favors in return for political support
Getulio Vargas
Dictator of Brazil from 1930 to 1945 and from 1951 to 1954. Defeated in the presidential election of 1930, he overthrew the government and created Estado Novo ('New State'), a dictatorship that emphasized industrialization.
Juscelina Kubitschek
President of Brazil who is known for the construction of Brasilia
Policy of Containment
the policy that tried to keep communism from spreading
The Institutional Acts
Allowed the military president in Brazil to overrule the legislature and revoke many basic rights
Habeas Corpus
Constitutional protection against unlawful imprisonment
Samba
Brazilian dance that is a cultural staple
Vladmir Herzog
Brazilian journalist tortured for his supposed communist ties
Third Wave Democracy
wave referring to the defeat of a totalitarian gov. Happened in Brazil in the 1980s
Globalization
the process by which businesses or other organizations develop international influence or start operating on an international scale.
endemic
native or confined to a particular region or people
Dilma Rousseff
Former President of Brazil who was impeached for ___________
Bolsa Familia Program
A social welfare program in Brazil giving cash payments to poor families in return for keeping their children in school and making sure that they receive medical care.
Mercosur
Pact among Argentina, Brazil, Paraguay, and Uruguay to establish a free trade area
Jair Bolsanaro
incumbent in election against Lula but lost
Interest rates
The cost of borrowing money
Mixed economy
An economy that has both government and private owned businesses
La Carnival
holiday in Brazil (cultural staple)
President of Brazil
Lula (halle-LULA)
Brazil's gov
bi-cameral legislature (proportional representation)