4.1.1

• what is GDP?


  the value off all goods and services produced in a country over a specific period of time
• what countries are in the BRICS trading bloc?

  brazil

  india

  russia

  china

  south africa
• what opportunities does BRICS have of having 44% of the worlds population?

  increased sales

  improved infrastructure

  increased demand for financial services
• what are the threats to BRIC for having 44% of the worlds population?

  culture clash

  sectors highly taxed

  currecnt fluctuations

  growth slowign down
• what are the implications of economic growth for individuals and businesses?


  trade opportunities for bsuinesses

  employment patterns
• what are the key indicators of growth?


  GDP

  FDI

  literacy

  health