how south American countries like Brazil are richer than India even tho both have similar history?


Both have extreme corruption and have suffered under colonists

In: Economics

Not sure about the richness, but colonialism under the Spanish was very different to the British.

The Spanish pretty much enslaved, tortured and murdered everyone, while the British at least made an effort to modernise the people they colonised.

You probably need to look into the history of it a little more, as “they were both colonised” doesn’t really mean they were treated in any way the same.

You should probably check out what each country can export. Is it only labour? What natural resources do they export?

Why do you think Brazil is richer?