Activity and Economic Activity Continent Asia

Activity and Economic Activity Continent Asia

Activity and economic activity in the continent of Asia is very diverse.

because most types of economic activity in the continent of Asia. With the condition of the Asian continent are very spacious and has a lot of potential and Natural Resources then it is possible the emergence of economic activities in the Asian continent.

Asian continent itself is famous for agrarisnya continent where it is supported by the climatic conditions and the location of the Asian continent itself. Such as: agriculture, farming, industry, trade, mining, and goods and services.

Asian economy consists of more than 4 billion people (60% of the world population) living in 46 different countries. Six more states lie partly in Asia, but is considered to belong to other areas of economic and political. China is the largest economy in Asia and the second largest economy in the world. As in all regions of the world, the wealth of Asia differs widely between, and within, countries. This is due to its large size, which means a large number of different cultures, environments, historical ties and government systems. Asia's largest economy in terms of nominal gross domestic product (GDP) is the People's Republic of China, Japan, India, South Korea, Indonesia and Iran. In terms of GDP at purchasing power parity, China is followed by Japan, India, South Korea and Indonesia is the largest economy in descending order.

Wealth (as measured by per capita income) is mostly concentrated in the eastern region of Asia such as Hong Kong, Japan, South Korea, Singapore and Taiwan, as well as in the oil-rich Middle Eastern countries such as Iran, Saudi Arabia, Qatar, United Arab Emirates . Asia, with the exception of Japan, South Korea, Taiwan, Hong Kong and Singapore, is currently experiencing rapid growth and industrialization led by China and India - the two fastest growing major economy in the world.

While East Asian and Southeast Asian countries generally rely on manufacturing and trade for growth, countries in the Middle East more dependent on the production of commodities, especially oil, for economic growth. Over the years, with the rapid economic growth and huge trade surplus with the rest of the world, Asia has accumulated over US $ 4 trillion of foreign reserves.