Emerging Markets Index of Morgan Stanley's consists of Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Jordan, Poland, Russia, South Africa, Taiwan, Thailand, and Turkey. ... (Forbes) During the recession in 2008, world markets in developed countries experienced downturn but the emerging markets saved the global economy, mainly Brazil, India and China. ... Brazil, Russia, India and China now outspend their counterparts in the US. ... Collectivist cultures emphasize groups and communities, with each individual as part of a group. ...

• Word Count: 3134
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

Comparative Economic Systems It would be extremely easy to state that economics is an area of study that seeks efficient use of scarce resources to satisfy unlimited wants and that economic systems simply refer to the outcomes of economic activities, which are influenced by social, natural and political settings. However, it is clear that economics goes far beyond utilizing resources or levels of development and by comparing different economic systems one can analyze their importance and influence on other sectors of society. Apart from affecting other sectors, an economic system is also ...

• Word Count: 4711
• Approx Pages: 19
• Has Bibliography
• Grade Level: Undergraduate

Countries which had known no progress for years, for example, India, were thoroughly revolutionized. ... Aided by revisions in agricultural culture, transportation, and communications, England was able to become the "first industrial nation". ...

• Word Count: 3577
• Approx Pages: 14
• Has Bibliography
• Grade Level: Undergraduate