economic challenges in rio

• What is an economic challenge?

  .A problem related to jobs, income, business opportunities, and the cost of living.
• what is the unemployment rates in rios favelas?


  It can reach over 20%, much higher than the city’s average.
• what is the informal economy

   Jobs that are not officially registered, meaning no tax, contracts, or worker protections
• name 3 example of informal economy

  1 street vending

  2 car washing

  3 recycle
• Why is the informal economy a challenge?


  . It offers unstable, poorly paid work and prevents economic growth through tax contributions
• Why do many favela residents rely on the informal economy?

  .Due to lack of education and formal qualifications, people turn to unregulated jobs for survival
• How does economic inequality affect Rio?


  .Wealth is concentrated in barra da Tijuca , while favelas face poverty, unemployment, and underinvestment.
• Why is the cost of living an economic challenge in Rio?

  .Urban growth has driven up housing prices, especially near the city centre and tourist areas.
• How do transport issues create economic challenges?

  . Traffic congestion wastes time and money, reducing productivity and job access.
• What role does crime play in Rio’s economy?

  .Drug gang violence deters investment, tourism, and business opportunities in favelas and beyond.
• How did hosting the 2016 Olympics expose economic inequality?

  . While billions were spent on Olympic infrastructure, many favela residents were evicted or saw little improvement in living standards.
• How does limited education create economic challenges?

  .Without qualifications, many residents are locked into low-paid, unskilled jobs or unemployment.
• How do power shortages affect businesses in Rio?

  .Unstable electricity disrupts business operations, especially in favelas, limiting economic productivity.
• How does urbanisation contribute to unemployment in Rio?

  .Rural-urban migration increases job competition, often exceeding the number of available positions.
• Why is poverty an ongoing economic issue in Rio?

  . A cycle of limited education, crime, unemployment, and poor housing traps many in poverty.
• What solutions are being introduced to tackle economic challenges

  .Programs like the Schools of Tomorrow project aim to improve education, while the government invests in pacification (UPPs) to reduce crime and attract business.