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The phrase "newly industry nation" would be an awkward construction. It should not be used in a sentence. However, you could write "newly industrialized nation".
The country was a newly industrialized nation.
The poorest country in the world showed signs of becoming a newly industrialized nation.
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∙ 9y ago
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How can food processing help in the economy of your country?
A nation's economy can be helped by the development of industries that use a principle called competitive advantage. If the cost to the nation (in terms of what it must give up to perform the tasks of that industry) are lower than those in economies with which it might trade, that nation is said to have competitive advantage. The industry will then stimulate beneficial trade for the nation processing the food. In the current global economic environment, industries that are labor intensive, such as food processing, can be good candidates for this beneficial trade.
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