Chapter 66 - Growing Economies

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What is an Emerging Market?
A market where there is rapid growth, but with high risk.
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Why do investors prefer emerging markets?
They are more likely to grow more quickly compared to mature markets
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What are the BRIC countries?
Brazil, Russia, India and China
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What are the MINT countries
Mexico, Indonesia, Nigeria and Turkey
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Higher average incomes are likely to mean what?
Number of middle class people are expanding
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What are one of the implication of economic growth for individuals and businesses?
Trade opportunities and Employment patterns
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What are the indicators of Growth?
GDP, Literacy, Health, HDI
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What country has the highest literacy rate? (2020)
Uzbekistan / North Korea
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What country has the lowest literacy rate? (2020)
Niger
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What country has the highest GDP per capita?
Luxembourg
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What country has the lowest GDP per capita?
Burundi
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What country has the highest life expectancy rate?
Hong Kong
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What country has the lowest life expectancy rate?
Central African Republic
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What country has the highest HDI rate?
Norway
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What country has the lowest HDI rate?
Niger
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Other cards in this set

Card 2

Front

Why do investors prefer emerging markets?

Back

They are more likely to grow more quickly compared to mature markets

Card 3

Front

What are the BRIC countries?

Back

Preview of the front of card 3

Card 4

Front

What are the MINT countries

Back

Preview of the front of card 4

Card 5

Front

Higher average incomes are likely to mean what?

Back

Preview of the front of card 5
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