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
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