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What are the five most influential emerging economies that are currently challenging the economic dominance of the US and the European Union?

Brazil, Russia, India, China, and South Africa.


What are the Brics?

five nations with influential, emerging economies


What are Spain and Greece both currently struggling with?

They have problems with their economies.


What is the economy ranking of India in world?

India is currently ranked number 4 in the fastest growing economies in the world.


A big problem challenging the economies of many African nations today is?

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.


Which society is currently in a transition phase from agrarian to industrial?

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.


Why was the west allowed to establish its dominance in the global trade network of the 17th century?

i believe its because there was more sophisticated economies and established relationships thru out the west so they became dominant of the trade network.


Most economies today are economies?

all economies today are actually (mixed)


Why might developed economies want to outsource manufacturing and other jobs to developing economies?

Why might developed economies want to outsource manufacturing and other jobs to developing economies?


Which discovery greatly affected the economies of many Middle Eastern countries?

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.


What factors contribute to the dominance of a few major players in the automobile industry oligopoly?

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.


Why are most economies refered to as mixed economies?

poverty is always higest in countries with market economies