Which of the following statements best describes Brazil’s economy? A. It is a developed economy that is very similar in size to the economy of the US. B. Few people live in poverty, and the average citizen is very wealthy. C. It is completely based on service industries, since Brazil has few natural resources. D. It is one of the fastest-growing economies in the world

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Answer:

D

Explanation:

edgu 2020

Brazil is one of the rapidly-growing economies in the world. Therefore, Option D is the correct statement.

What do you know about Brazil?

Brazil became one of the fastest-growing economies in the world from 2000 to 2012, with an average annual GDP increase of more than 5%. Its GDP exceeded that of the UK in 2012, briefly making Brazil the world's sixth-biggest economy.

Therefore, Option D is the correct statement.

Learn more about Brazil here:

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