complete the graphical description members of Brics.
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BRIC was coined by the Goldman Sachs in 2001. Moving forward, this is expanded to BRICS in 2010. BRICS comprises 5 developing nations i.e. Brazil, India, Russia, China, and South Africa.
BRICS is the group composed by the five major emerging countries - Brazil, Russia, India, China and South Africa -, which together represent about 42% of the population, 23% of GDP, 30% of the territory and 18% of the global trade
BRICS is an acronym for Brazil, Russia, India, China, and South Africa. Goldman Sachs economist Jim O'Neill coined the term BRIC (without South Africa) in 2001, claiming that by 2050 the four BRIC economies would come to dominate the global economy by 2050.
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