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D270 Final Exam UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS

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D270 Final Exam UPDATED ACTUAL QUESTIONS AND CORRECT ANSWERS Poor vs rich video - CORRECT ANSWER Rich=less corrupt countries earning $3 a day Poor communities follow clans (going to pick their family) Culture can also make poor (less people believe=richer) Geography (hotter areas=poorer) Why economic environment - CORRECT ANSWER Better investments Operating decisions Policy decisions Better returns Developed economies - CORRECT ANSWER economic systems shape a market money anywhere Stable institutions (911) Technology Higher economic and political freedom Rule of law Developing economies - CORRECT ANSWER currency Corruption Limited foreign ownership Struggles to read and write, poor hygiene Lower economic and political freedom Rule of man don't take money if isn't countries Emerging economies - CORRECT ANSWER accelerating growth

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D270 Final Exam UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
Poor vs rich video - CORRECT ANSWER countries earning $3 a day

Rich=less corrupt

Poor communities follow clans (going to pick their family)

Culture can also make poor (less people believe=richer)
Geography (hotter areas=poorer)



Why economic environment - CORRECT ANSWER economic systems shape a market

Better investments

Operating decisions

Policy decisions
Better returns



Developed economies - CORRECT ANSWER money anywhere

Stable institutions (911)

Technology

Higher economic and political freedom
Rule of law



Developing economies - CORRECT ANSWER don't take money if isn't countries
currency

Corruption

Limited foreign ownership

Struggles to read and write, poor hygiene

Lower economic and political freedom

Rule of man

, Emerging economies - CORRECT ANSWER accelerating growth

Modernizing (adding wifi, fixing railroads)

Taking down barriers for businesses to come in
Focusing on selling things elsewhere

Want to be invested in

Buy more things -> more workers

Striving for economic and political freedom



G21 - CORRECT ANSWER invited Africa

Over 86% of the world economy
Premier international forum for global economic cooperation



BRICS - CORRECT ANSWER Brazil, Russia, India, China, South Africa

Voice of emerging economies

Welcoming in oil countries



Bems (big emerging markets) - CORRECT ANSWER liberalization

Infrastructure

Aspirations of technology

Political influence



China Video - CORRECT ANSWER want to be worlds largest economy

5th worlds GDP

Double amount of transportation than Europe

Almost 90% of GDP



Degree of economic freedom - CORRECT ANSWER initiative

Effort

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