Brazil, Russia, India, China, and South Africa.
Brazil, Russia, India, China, and South Africa.
five nations with influential, emerging economies
They have problems with their economies.
India is currently ranked number 4 in the fastest growing economies in the world.
High unemployment rates is the major problem challenging many African nations today. Which has resulted in a number of social problems, since Africa has a large youthful population.
Many societies in developing countries are currently in a transition phase from agrarian to industrial economies. Countries such as India, China, and various African nations are experiencing rapid industrialization and urbanization as they shift from agricultural-based economies to manufacturing and service-based industries.
i believe its because there was more sophisticated economies and established relationships thru out the west so they became dominant of the trade network.
all economies today are actually (mixed)
Why might developed economies want to outsource manufacturing and other jobs to developing economies?
The discovery of oil affected the economies of the Middle East greatly. Since the world needs so much oil to function as it currently does, the Middle East found itself with a very important and very necessary commodity.
Several factors contribute to the dominance of a few major players in the automobile industry oligopoly. These include economies of scale, high barriers to entry, brand loyalty, technological advancements, and strategic alliances. Additionally, government regulations and market demand also play a role in shaping the competitive landscape of the industry.
poverty is always higest in countries with market economies