Tuesday, February 21, 2012

BRIC countries background


  • outmoded- no longer acceptable, current, or usable
  •  GDP- Gross domestic product
  • What are the tiger economies?
  •  infrastructures- the fundamental facilities and systems serving a country,city, or area, as transportation and communication systems,power plants, and schools.
  • If they keep putting money in to education they can really dominate the world economy as most of the developed countries
  • Tiger countries- Singapore, Taiwan, and Hong Kong
  • large population and income make a strong economy
  • Why do you need a big population for a strong economy?
  • When will the BRIC countries become powerful?