Growing Econmies 4.1.1

Question 1

What does emerging markets equal

Answer 1

Rapid growth rates

Question 2

If there is rapid growth rates then what does this lead to ?

Answer 2

Higher average income and development of new industries and markets

It also creates opportunities and threats for international trade

Question 3

What does a increase in income lead to ?

Answer 3

Greater demand domestically and internationally

Question 4

If there is an increase in income what will this also grow ?

Answer 4

Infrastructure, quality of education and skills of workforce in these countries

Question 5

What do emerging markets produce ?

Answer 5

MNCs

Question 6

What do countries with higher growth rates at risk of ?

Answer 6

Uncertainty and present a risk greater than those in an established economy

Question 7

As the economy developes what does this lead to ?

Answer 7

• fall in unemployment
• opportunities for international trade as increased income generates demand
• level of skilled workers
• quality of education