BRIC Countries. What is BRIC ? An acronym for the economies of Brazil, Russia, India and China combined. The term was first prominently used in a Goldman.

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Presentation transcript:

BRIC Countries

What is BRIC ? An acronym for the economies of Brazil, Russia, India and China combined. The term was first prominently used in a Goldman Sachs report from Speculation is that by 2050 these four economies would be wealthier than most of the current major economic powers. An acronym for the economies of Brazil, Russia, India and China combined. The term was first prominently used in a Goldman Sachs report from Speculation is that by 2050 these four economies would be wealthier than most of the current major economic powers.

Potential of BRIC Countries Combined, currently account for more than a quarter of the world's land area and more than 40% of the world's population. In 2025, it is calculated that the number of people in BRIC nations earning over $15,000 may reach over 200 million. Rise of the new BRICs middle class.

Millions in the BRIC’s to enter Middle Class Income Bracket by 2020