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4. The national and international economy
4.6 The international economy
4.6.7 Emerging and developing economies
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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
See all 167 cards
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