Respuesta :
In the economies of China and India, which are integrating, businesses and workers frequently build upon or mimic the innovations and sectors pioneered by the leaders in technology.
China and India are both developing nations with large labor markets and highly varied export compositions. While India emphasizes exporting services, China is more connected to the global production sharing for manufactured goods.
What causes China and India to grow so quickly?
China and India are the two largest economies that are expanding the fastest worldwide. Both China and India have a similar pattern of growth that is very different from the steadily expanding Western economies. While private investment in China and India's rapidly rising economies are either growing extremely slowly or shrinking, state investment is increasing tremendously.
The Western economies, in contrast, rely on private investment because governmental investment has not grown much. Below, it will be demonstrated why reliance on private investment causes slow economic growth while the rapid expansion of state investment is associated with quick economic growth.
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