Tag: BRICS

  • What is a developing country?

    Definition and Examples of Developing Countries Developing countries are those with a low gross domestic product per capita. These countries rely on agriculture as their main industry. They have not yet reached economic maturity. How Developing Countries Operate In the 1960s, classifying countries became common as a way to understand…

  • The Four Largest Emerging Markets

    There are many emerging markets around the world, but the largest four are known as “BRICs” (an acronym for Brazil, Russia, India, and China). Many investors believe that these markets are relatively stable and could replace the G7 as the next global powers. This makes them essential for any international…