Entrepreneurial spirits rise high in Portugal
http://news.bbc.co.uk/1/hi/business/3790859.stm
By Will Smale
BBC News Online business reporter in Lisbon
For decades during the twentieth century, tens of thousands of people
emigrated from Portugal, some to search for better lives, others to
escape desperate poverty. And with them went much of Portugal's
entrepreneurial spirit.
Initially, the migrants were fleeing a military dictatorship which
governed the country for almost half the century: Under the rule of
Antonio de Oliveira Salazar, wealth was greatly concentrated in the
hands of a small upper class, leaving the rest of the population
without the spare cash or opportunity to ever consider large scale
business propositions.
Portugal OR Portuguese
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