BRIC

BRIC

1. countries have characteristics that are considered key to the potential for economic growth, such as the great territorial extension, wealth in natural resources and absolute population, which can translate into greater opportunities and competitiveness

2. countries have characteristics that are considered key to the potential for economic growth, such as the great territorial extension, wealth in natural resources and absolute population, which can translate into greater opportunities and competitiveness

3. social characteristics

   • Russia went through a period of transition and faced social and economic challenges that put the global economy at risk
   • India with the help of information and communication technologies have entered new programs that help the poor
   • Brazil has had economic growth and social security policies have led to a decrease in inequalities

4. economic characteristics

   • the economy has been increasing over the years natural resources help the economy develop
   • the crises helped to identify that a new model to govern needed to be implemented and that it fit the budget

5. Cultural characteristics

   • These countries that are Russia Brazil India and China are not united by their culture or their politics but by their democracies
   • Brazil has a lot of tourism and has good stability and its obstacles are bureaucracy and little infrastructure China is characterized by economy, politics, science and culture