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What is economic triad?

Updated: 4/28/2022
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13y ago

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The traditional economic triad consists of Japan, USA and the EU or Western Europe. It has been an established belief that these were the areas where the majority of output/GDP since the 1950s, since the 1990s this idea has become redundant as other countries emerge to overtake the production of the triad. Notably these are the BRIC economies (Brazil, Russia, India and China). Sometimes this is extended to BRICKS to include Korea and South Africa.

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Related questions

What is a secondary triad?

A Secondary Triad is anything but a Primary triad which is I, IV and V A Secondary triad is II, III, VI and VIIO.


How important will the triad be in the international success of non triad nations?

It is very important because the triad countries (Japan, US, countries within the EU and probably China soon which will make the triad a polygon) are major trading partners which means successful businesses in non triad nation will have to trade with triad nations. Because of the high GDP and GDP per capita of triad nations and the relatively high living standards there is a lot of demand for foreign goods. Another reason is is the high FDI into developing countries by triad nation by expanding businesses e.g. Toyota into other Asian economies or the investment from china into South-Africa which improved to improve South-Africa's healthcare, education and infrastructure and which encouraged economic growth.


What is the subdominant triad of Eb major?

The subdominant triad of Eb major is the Ab major triad.


What is a tonic triad in music?

C major triad : C - E - GG major triad : G - B - DD major triad : D - F# - AA major triad: A - C# - EE major triad : E - G# - BB major triad : B - D# - FC# major triad: C# - E# - G#F# major triad : F# - A# - C#Cb major triad : Cb - Eb - GGb major triad : Gb - Bb - DbDb major triad : Db - F - AbAb major triad : Ab - C - EbEb major triad : Eb - G - BbBb major triad : Bb - D - FF major triad : F - A - CA natural minor triad : A - C - EE natural minor triad : E - G - BB natural minor triad : B - D - F#F# natural minor triad : F# - A - C#C# natural minor triad : C# - E - G#A# natural minor triad : A# - C# - EG# natural minor triad : G# - B - D#D# natural minor triad : D# - F# - A#Eb natural minor triad : Eb - Gb - BbAb natural minor triad : Ab - C -EbBb natural minor triad : Bb - Db - FD natural minor triad : D - F - AG natural minor triad : G - Bb - DC natural minor triad : C - Eb - GF natural minor triad : F - Ab - C


What is a three note chord is called?

triad


How is a diminished triad formed?

A diminished triad is formed by lowering the fifth note of a minor triad a half step.


What is a subdominant triad?

A subdominant triad (Grade 5 Theory) is a triad built on the scale degree IV (four)


When was Triad Strategies created?

Triad Strategies was created in 2002.


When was Rise of the Triad created?

Rise of the Triad was created in 1995.


When did Rise of the Triad happen?

Rise of the Triad happened in 1995.


When was Triad Securities created?

Triad Securities was created in 1976.


What is Triad Securities's population?

Triad Securities's population is 30.