Tag Archives: growth rate

Empires effect on the economy

Have you ever realised that there is a strong correlation between LEDC’s and colonised countries. Powerful MEDC’s are generally those countries that have had strong empires in the 19th and 20th centuries. For example Britain and France. The poorer countries … Continue reading

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China’s annual growth rate falters

As economic problems in Europe and USA arise there is less demand for products from China, therefore economic issues in USA and Europe reduce exports for China. The Chinese economy thrives on its exports, and as these have reduced so … Continue reading

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