emerging markets Flashcards
1
Q
what does the term “emerging markets mean?”
A
it means developing countries that are gaining rapid growth and quickly achieving the status of developed markets for example china and india.
2
Q
advantages of emerging markets?
A
incoming companies brings investment and jobs to locals in developing countries
new idea spread quickly and easially around the world
3
Q
disadvantages of globalisation?
A
poor working conditions
sweat shops
child labour
multi-nationals impose it’s idea’s and morals on to locals
jobs may be lost for developing countries.
