4.6.7 Emerging and developing economies

Cards (167)

  • Emerging economies have a high and sustainable growth rate
  • Developing economies have weak and unstable institutions.

    True
  • What are common challenges faced by developing economies?
    Health, education, governance
  • What is a key feature of emerging economies?
    Growing middle class
  • Arrange the characteristics of emerging economies from growth-related to income-related:
    1️⃣ High and sustainable growth rate
    2️⃣ Rapidly expanding industrialization
    3️⃣ Improving infrastructure
    4️⃣ Developing and strengthening institutions
    5️⃣ Rising average incomes
  • Emerging economies are moving away from primarily agrarian economies.

    True
  • What happens to average incomes in emerging economies as they develop?
    They rise
  • Emerging economies typically experience a high and sustainable growth rate
  • What is a key investment area for emerging economies?
    Infrastructure
  • Developing economies have lower and more volatile economic growth compared to emerging economies.

    True
  • What type of infrastructure do developing economies lack?
    Limited and inadequate
  • What is the income level in developing economies?
    Low average incomes
  • What characterizes an emerging economy?
    Rapid industrialization
  • What type of industrialization is common in emerging economies?
    Rapidly expanding
  • Emerging economies are characterized by rising average incomes
  • Emerging economies have limited infrastructure.
    False
  • Developing economies face significant challenges in health, education, and governance
  • What is the typical growth rate of emerging economies?
    High and sustainable
  • Emerging economies invest in improving their physical and institutional infrastructure
  • What are emerging economies characterized by?
    Transitioning to developed status
  • Emerging economies are moving away from primarily agrarian economies.

    True
  • Emerging economies are developing and strengthening their institutions
  • What happens to average incomes in emerging economies as they develop?
    They rise
  • Developing economies are primarily dependent on agriculture
  • Weak and unstable institutions are a characteristic of developing economies.
    True
  • Emerging economies are transitioning from developing to developed status with rapid industrialization
  • Emerging and developing economies can be distinguished by their growth rates and levels of industrialization.

    True
  • Emerging economies are transitioning from primarily agrarian economies to industrialized
  • Developing economies have a lower and more variable growth rate.

    True
  • Emerging economies are investing in improving their infrastructure.
    True
  • Emerging economies have high and sustainable growth, while developing economies have lower and variable growth.

    True
  • Inadequate education lowers productivity in both emerging and developing economies.

    True
  • What is a characteristic of emerging economies in terms of growth?
    High and sustainable growth
  • Developing economies often lack adequate infrastructure, presenting opportunities for investment.
    True
  • Match the economy type with its characteristic:
    Emerging Economy ↔️ Rich in natural resources
    Developing Economy ↔️ Commodity-dependent
  • What is the growth rate like in emerging economies?
    High and sustainable
  • Rising average incomes are a characteristic of emerging economies.

    True
  • Match the economic characteristic with the economy type:
    Growth Rate ↔️ High and sustainable for emerging economies
    Infrastructure ↔️ Limited and inadequate in developing economies
  • Developing economies have rapidly expanding industrialization.
    False
  • Emerging economies are transitioning from developing to developed status