Final answer:
The mill at Volta Redonda played a significant role in the industrialization of Brazil and its economic development. It employed new technologies and processes, such as the oxygen converter, to mass produce steel and transform Brazil into an industrial powerhouse.
Step-by-step explanation:
The mill at Volta Redonda, located in Brazil, played a significant role in the industrialization and economic development of the country. It was established in the early 1940s as a steel mill by the Brazilian government to fulfill the need for iron and steel production in the country.
The mill employed new technologies and processes, such as the oxygen converter, which allowed for the mass production of steel. This industrial complex had a profound impact on Brazil's economy, transforming it into an industrial powerhouse.