Title: emerging economies
Essay Details
| Subject: | Miscellaneous |
| Author: | Edward R |
| Date: | April 10, 2013 |
| Level: | University |
| Grade: | A |
| Length: | 3 / 750 |
| No of views: | 0 |
| Essay rating: | good 0, average 0, bad 0 (total score: 0) |
Essay text:
This will not be the case in 2050 as per capita incomes of China and India will still be less than half of USA.
· Large but not so rich population of China and India will keep demand for Consumer Goods and Commodities very high. The threshold income after which demand explodes is US$3000/annum. Almost 2bn people will join this income threshold in the next few years...
Showed first 250 characters
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This will not be the case in 2050 as per capita incomes of China and India will still be less than half of USA.
· Large but not so rich population of China and India will keep demand for Consumer Goods and Commodities very high. The threshold income after which demand explodes is US$3000/annum. Almost 2bn people will join this income threshold in the next few years...
Showed next 250 characters
Total price: $10.00 |
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