BRIC

(noun)

An acronym for Brazil, Russia, India, and China, which have some of the fastest growing economies in the world.

Related Terms

  • Licensing
  • franchiser
  • globality
  • intellectual property
  • franchisee

(noun)

An acronym for the four largest emerging economies: Brazil, Russia, India, and China.

Related Terms

  • Licensing
  • franchiser
  • globality
  • intellectual property
  • franchisee

Examples of BRIC in the following topics:

  • Major Historical Developments in the Global Economy

    • The BRIC countries, meanwhile include Brazil, Russia, India, and China.
    • Generally speaking, the economic potential of the BRIC countries may very well see them as four of the top five economies come 2050.
    • Despite the BRIC, US and EU success stories, there are also a number of reasonable and well-defended criticisms of a globalized world (see Boundless's Globalization atoms for additional data).
    • The US, EU and BRIC nations have been particularly poignant historic examples of this growth.
    • This highlights the importance of the BRIC group of countries.
  • Trends in Franchises: International Adoptions

    • The number of global franchises has seen a great deal of expansion in recent years, particularly with emerging economies (such as the BRIC grouping) seeing substantial growth and increased purchasing power.
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