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Q.

What is bric means?

Asked by Utkarsh Mishra, 16 Jun '09 10:53 am
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Answers (3)

1.

BRIC is an acronym that refers to the economies of Brazil, Russia, India, and China, which are seen as major developing economies in the world. According to Forbes, \"The general consensus is that the term was first prominently used in a Goldman Sachs report from 2003, which speculated that by 2050 these four economies would be wealthier than most of the current major economic powers.\"
Answered by ashwani, 16 Jun '09 11:02 am

 
  
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2.

BRIC stands for - Brazil, Russia, India and China which are the prominent faces of emerging market. So summit of these countries is called BRIC Summit
Answered by pradeep mishra, 16 Jun '09 10:56 am

 
  
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3.

BRIC or BRICs is an acronym that refers to the fast growing developing economies of Brazil, Russia, India, and China. The acronym was first coined and prominently used by Goldman Sachs in 2001
Answered by sudesh, 16 Jun '09 10:55 am

 
  
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