Brazil is experiencing income inequality since then and is still among the highest in the world.

One of its causes is not well-targeted, the poorest which has 60% of the population receives a
little part of the national income, while the top or richest which has 10% receives a large share.
The cause of the significant level of extreme poverty and the sluggish rate of reducing poverty is
inequality-which could produce social strains and slow growth. Brazilian analysts presumed that
increase in the minimum wage reduce inequality which had an impact on many local
government workers. As per the Gini index of inequality, it can fall through well-thought-out
policies like Bolsa Familia which focuses on families as their beneficiaries, those with lower
incomes. 

As of 2020, large inequalities across many areas have an impact on the people of Brazil.
Presented in the graph that the richest or people with higher incomes got more social transfers
more than four times than those who are with lower incomes got less social transfers.
Inequality and poverty have worsened during the last two decades as a result of rapid
development, increases in education, and social transfers. Social benefits are poorly targeted,
with most of the half of transfers going to the highest income quintile. This unjust reality is a
major hinder to economic and personal development. Abolishment of slavery, centralized
politics, industrialisation, urbanization, and globalization have molded inequality across the
class, racial and gender lines of Brazil.
Introduction
Brazil is in the middle of a boom in economic growth that might represent a significant shift in a
generally regarded country associated with inequality and unrealized potential. Economic and
social progress has been accomplished yet high economic inequality and social divisions are a
major danger to its continuous growth.
Conclusion
In order to restore strong economic growth, Brazil will need to maintain its recent efforts to
make human inclusion and development, as well as environmental sustainability and top
objectives to achieve its true development.

References:
https://brazillab.princeton.edu/research-hubs/inequalities
Source: https://wid.world/country/brazil/(Income inequality, Brazil, 2016-2019)
Graph from: https://www.oecd.org/economy/surveys/Brazil-2020-OECD-economic-survey-
overview.pdf