Which countries are part of the Next Eleven?
Q: Which countries are part of the Next Eleven?
A: Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, Pakistan, Philippines, South Korea, Turkey, and Vietnam.
Q: Why did Goldman Sachs choose these countries for the Next Eleven list?
A: Goldman Sachs chose these countries because they are good places for people to invest money and are likely to become richer soon.
Q: What does N-11 stand for?
A: N-11 stands for Next Eleven.
Q: What are the BRICS?
A: The BRICS are another group of countries (Brazil, Russia, India, China, South Africa) that Goldman Sachs investment bank says will become some of the world's largest economies in the 21st century, along with the N-11.
Q: When did Goldman Sachs choose these states for the Next Eleven list?
A: Goldman Sachs chose these states on December 12, 2005.
Q: What is meant by "they are likely to become a lot richer soon"?
A: "They are likely to become a lot richer soon" means that these countries have strong economic potential which is expected to lead to significant economic growth in the near future.
Q: What is the significance of the Next Eleven and BRICS becoming some of the world's largest economies?
A: The countries on both lists are expected to experience significant economic growth in the coming years and could potentially play a major role in shaping the global economy.