Why is Brazil so wealthy?

Why is Brazil, a country renowned for its diverse culture, vibrant festivals, and natural beauty, considered to be so wealthy? Is it due to its vast agricultural resources, which contribute significantly to global food production? Or perhaps it's because of its booming industrial sector, with numerous manufacturing and technological advancements? Could it be the rich mineral deposits that Brazil possesses, which attract investors and drive economic growth? Or maybe it's the country's strategic location, fostering trade and economic partnerships with various nations? Surely, Brazil's wealth cannot be attributed to a single factor, but rather a combination of its various strengths and resources. Nevertheless, it's intriguing to delve deeper into the reasons behind Brazil's prosperity and understand what makes it stand out as a wealthy nation.