Juscelino Kubitschek

Juscelino Kubitschek de Oliveira, also known by his initials JK, was a Brazilian politician who served as the 21st president of Brazil from 1956 to 1961. Kubitschek's government plan, dubbed "50 years in 5", was centered on economic and social development. During his term the country experienced a period of notable economic growth and relative political stability. However, there was also a significant increase in external debt, inflation, income concentration and wage erosion.