4.1.1 Growing Economies Flashcards
1
Q
What are the BRIC economies?
A
Brazil
Russia
India
China
2
Q
What are the MINT economies?
A
Mexico
Indonesia
Nigeria
Turkey
3
Q
Characteristics of MINT economies
A
- they’re emerging economic giants
4
Q
What are the implications of economic growth?
A
Growing economies see changes in employment patterns; working women, migration, multi jobs, home working.
5
Q
What is an advantage of economic growth?
A
As labour and other resources move from agriculture into modern economic activities, overall productivity rises and incomes expand.
6
Q
What are the 4 indicators of growth?
A
- Gross Domestic Product (GDP) per capita
- Literacy
- Health
- Human Development index (HDI)
7
Q
What does GDP show?
A
The sum total of everything they produce as a nation
8
Q
What does health show?
A
Life expectancy
9
Q
What is HDI?
A
Combines life expectancy, income and education to rank countries
