History- Brazil

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)