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Economy

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As cliché as it may be, many believe that money makes the world go round. Upon second thought, this notion really doesn’t seem to be too farfetched at all. In general, some of the most powerful people in the world tend to be the richest ones, and some of the richest people in the world tend to become some of the most powerful. Whether an accurate unit of measurement or not, a multitude of people around the world will end up defining their success through the money they’ve made throughout their lives. If not anything else, money is an easy unit of measurement to work with because it’s probably the only directly quantifiable measure of success there is. Having money can surge a nation forward, while not having it can hold a nation back.Here are the list of the top 10 poorest countries in the world according to their GDP.
Top 10 Poorest Countries in the World 2018
Item(s): 10
Votes: 0
By: Alison Parker
GDP is defined as the value all the final goods and services produced within a nation in a given year which then converted at market exchange rates to current US dollars, divided by the average of mid-year population for the same year. So, to determine the amount of GDP for the richest countries in 2018, you have to use the data for the last year. And here it is, the top 10 richest countries in the world in 2018 according to the International Monetary Fund (IMF).
Top 10 Wealthiest Country In The World 2018
Item(s): 10
Votes: 1
By: Alison Parker
The economy of the South American continent represents the economy of the 12 nations and 3 territories of the continent housing a total population of about 410 million. Initially, after attaining independence, most South American nations used the Import Substitution economic policy. The policy was implemented from the 1930s to the 1980s. It was implemented with the objective of growing domestic businesses which were at that time not competitive and at par with international industries. However, the policy led to a debt crisis in the continent and the countries fell farther behind the Western countries in economic development.The real growth of the South American economies began in the 1990s when the countries adopted the Free-Market economy system which helped the countries overcome the debt crisis. At present, agriculture, mining, and forestry are the major South American industries.Here are the list of the 10 richest countries in South America.
The 10 Richest Countries In South America
Item(s): 10
Votes: 11
By: Alison Parker
The retail centers known as shopping malls are now becoming a hub of activity centers for shopper who desire to go to new dimensions in their buying experiences, rather than just sticking to traditional ordinary shopping stores. The communities and their people are offered a wide range of goods right from the branded outlets to the food courts and entertainment places as well. These shopping malls have become a great place for the retailers to get an opportunity to display their goods as it serves as the central gathering space for the customers. The other important role of these shopping malls in people’s lives is that one can shop for an array of goods under one roof, and the products are saved from the weather conditions or any other mishaps that often arise in open air markets.
The Biggest Shopping Malls In The World
Item(s): 10
Votes: 0
By: Alison Parker
vote2sort Opinions Opinionator Vote Voting Counts Lists Items Comments Cotton is a plant fiber, and one which is soft and fluffy and grows in shrub plant. Cotton is used to manufacture textiles from which cloths are made. These cloths are usually light and comfortable to wear. The production of cotton is performed in huge quantity throughout the world. Cotton seeds are sowed in fields where weed and unwanted plants are removed. Special pesticides and fertilizers are used to ensure the best quality product. The harvesting is done through machine when the cotton takes the shape of boll. Later, it is processed seeding, picking, ginning and baling. Other types of chemical and machinery are used to produce better quality of cottons. Here are the 10 top cotton producing countries in the world.
Top Cotton Producing Countries In The World
Item(s): 10
Votes: 0
By: Alison Parker
The European Union would be the second largest economy after the United States if it were a single state. According to the IMF, the GDP as at January 2017 was $16.5 trillion (nominal) and $20.7 trillion (PPP). Some of the world’s largest multinationals are found in Europe and generate millions in revenue. These are the largest financial companies in Europe in terms of revenue generated.
The Most Successful Financial Service Companies In Europe
Item(s): 10
Votes: 0
By: Alison Parker
The economy of Asia is the fastest growing continental economy and also the largest continental economy in terms of GDP (PPP). The economy comprises of over 4.4 billion people living in the 49 nations of the continent. The wealth of the continent is unequally distributed both within and between the countries of Asia. Here are the 10 wealthiest economies in Asia in terms of GDP per capita.
The 10 Richest Countries In Asia
Item(s): 10
Votes: 0
By: Alison Parker