Globalisation (Edexcel A-Level Business): Flashcards

📚Flashcards
Growing economies
Sign up to keep revising.Create a free account to study more flashcards and track your progress.

Practise the cards

10 cards from this deck

Show

UK manufacturing avg growth rate in 2014

2.8%

Define emerging economies

Nations with rapid growth + higher investment risk

BRICS countries

Brazil, Russia, India, China, South Africa

MINT countries

Mexico, Indonesia, Nigeria, Turkey

Typical annual growth rate in emerging economies

5-7%

China's % of global manufacturing in 1990

Less than 3%

China's % of global manufacturing by early 2015

Nearly 25%

What 'Factory Asia' describes

South East Asia's dominance of global manufacturing

% of world GDP growth from emerging markets

70%

UK unemployment rate in 2014

5.8%

Join 100,000+ A-Level students studying Flashcards with us.

Select your subjects, and get access to A+ resources today.