Pernambuco: Difference between revisions

More info about Pernambuco's early 20th century.
(→‎Pernambucan Independence: Information about Pernambuco independent period from the late 19th century to early 20th century added. Image also added)
(More info about Pernambuco's early 20th century.)
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On the other hand, the influx of industrialized goods made hundreds of local small businesses close due the inability to compete on the market, therefore forcing workers to move to foreign ruled factories. In the countryside, the arrival of industrialized furniture, textiles, clothes and shoes, made the local manufacture end. Merchants with the sole function of travel from the main cities bringing products to small towns and villages also lost their function due to the expansion of the railroad grid. These now unemployed people had two choices, stay where they were born and work in large sugar, cotton, cocoa and palm tree fiber plantations, or move to the coastline, where the majority of factories could be found.
 
Thus, the Pernambucan rise of urban population started. Cities such as Recife, Olinda, Fortaleza and São Luís were the ones which had the most expressive population growth. These people for the most part, moved from the countryside to work on the factories opened by Anglo-Pernmabucan companies.
 
The economic prosperity of the partnership deal ended in 1922 with the arrival of the European Crisis and the drop in GDP of all European countries, therefore directly affecting the exports of Pernambucan agrarian products and the reduction of British investment in the country. Many plantations started to suffer from overproduction and tens of thousands lost their jobs. The arrival of the Great War later in the 1930s also had an effect on Pernambuco.{{Nations of the World}}
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