The period after Vargas

Vargas killed himself during the year of 1954 leaving the country in a strange situation. This would be the event that started a  new period in the republic of Brazil called the Republica Nova.Juscelino Kubitcshek became the president in 1956 after two years of political instability.

He settled peace and the country experienced a little economic growth and  it was during these years when a really important industrialization process took place in Brazil. In terms of infrastructures, a really big progress was made and it was in 1960 when the capital of the republic was moved to Brasilia and also the head of the government. It was purely conceived as city to reunite all the administrations of the country. When Kubitcshek tenure ended, political instability was the main factor and two presidents were impeached by the opposition. This fast changes in the government ended when military rose over the political power and imposed a military regime.

Before dying in 1954,  president Vargas created in 1953 the oil company known as Petrobras which its main activity is to search and process petrol to turn it into fuel. Petrobras is public corporations and it is still managed by the brazilian government since its creation. since 2006 the production of the whole company can produce enough fuel to maintain the  whole country of Brazil. It also makes businesses with more than 40 countries around the world.

This entry of the blog was done based on these articles: 
https://www.observatoriomercosur.org.uy/libro/pasado_autoritario_y_democracia_en_brasil_22.php
https://www.brazil.org.za/modern-history.html 
 http://oil-mail.blogspot.com/2011/05/petrobras-historia.html