In: Economics
For international Business course please ansewr the below in details and put useful referencess below the answer
I want a report (Essay) on the economic differences (The products assest the economic ,Econmics freedom ,condation ,GDP ...ect ) in the South East Asia
Ans:- The nation's economy, one of the biggest in Southeast Asia.Southeast Asian economy includes both private sector and government sector ,government's playing an important role in the development of economic growth.The Southeast Asian industrial sector is the economy's biggest ,and its accounts for 46.4% of Gross Domestic Products .And it is followed by other services and agriculture.Indonesia is the largest economy in Southeast Asia .Singapore is the richest economy in Southeast Asia when ranked in terms of Gross Domestic Product of per capita.Myanmar(Berma),has the poorest economy in Southeast Asia.Vietnam is the fastest growing economy in South east Asia.
The countries economic freedom has moral and practical measurements.The moral economic freedom means better for people to enjoy freedom in their economic lives,that is applied in the short run and also in the long run .The practical side of economic freedom is very difficult to determine.
In 2019, the estimated total Gross Domestic Product of all Southeast Asian states amounted almost 9.34 trillion international dollar ,that is a major rise from the previous years .In fact the Southeast Asian nation's has been rise steeply for a few years now,that indicate the nation's prosperous economy.