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Campbellsville University Emerging Markets and Global IT Competition Discussion

Campbellsville University

Question Description

I’m working on a Computer Science question and need guidance to help me study.

Question 1) Describe an example of the effect of an emerging market on global IT competition.

350 words, No Plagiarism,

Notes:

Emerging markets are economies that are moving towards becoming what are known as ‘developed markets’. This usually takes place as they become more industrialized and embrace free market economics. An example of advanced markets would be the U.S.

Conversely, examples of emerging markets would be countries across the Asia-Pacific region and Latin America, such as Indonesia, Chile and Vietnam. Emerging markets usually have lower levels of liquidity, less well established markets and lower levels of per-capita income.

Why are they important?

These are the economies that will grow larger in the future and thus will have more and more of an impact on global trade and economics. For example, China was known as an emerging market many years ago before it started using a capitalist-style economy. Now it’s the third biggest economy in the world after the U.S. and E.U. (by measure of GDP). It’s also the biggest exporter in the world. The label of an ’emerging’ market applies less and less by the day as it’s influence grows.

Emerging markets will help the global economy to grow.

Invstr. (2017, October 27). What are emerging markets and why are they important? Retrieved from https://invstr.com/emerging-markets-important/.

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Final Answer

Attached.

Running head: IT COMPETITION

1

IT Competition
Name
Institution
Date

IT COMPETITION

2
Emerging Markets and Global IT Competition

Emerging markets are economies that are in the process of growth to become developed
markets. Typically, this occurs when they become developed and adopt free-market economies.
The US is a good instance of developed markets. On the contrary, cases of emerging markets
include nations across Latin America and the Asia-Pacific area, like Chile, Vietnam, and
Indonesia. These forms of markets typically have lower liquidity levels, lower per capita inco...

Kishnewt2017 (32381)
New York University

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