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Is Australia a developed country emerging market newly industrialized or developing country and why?
Wiki User
∙ 15y ago
Developed country.
Wiki User
∙ 15y ago
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What do economic system of the Australia Brazil Mexico and Canada have common?
All of them have capitalistic economies; Australia and Canada are developed, industrialized economies while Mexico and Brazil are still in process of industrialization, commonly known as "emerging markets".
Is Mexico an advanced country?
You mean "developed" or industrialized? No. It is an "emerging market" or "newly industrialized country".
Is Venezuela a developed country developing emerging or underdeveloped and why?
Yes
Is Russia a developing country?
No, Russia is a developed country. However, the economy is seen as part of the emerging one.
Is Ireland Technological Developing or Emerging?
It's very technologically developed.
What is the Political economis calssification of Mexico?
Emerging market or Newly Industrialized Country (NIC). It means it is a developing, capitalist country.
Is Mexico experiencing economic transition?
Yes, from an undeveloped country into an industrialized one. Such term is defined as "developing country" or "emerging market".
Is North Korea an emerging country?
It's a developing country (as opposed to a developed country), but it is economically regressing, not improving access (which is what the term "emerging economy" usually means).
Is Mexico a developed country?
No. It has an emerging market status, meaning it still needs more development to be considered a fully industrialized country. See related questions.
Is the US a good example of a developing nation?
The US has already developed. Many of the emerging former Communist Bloc nations of Eastern Europe could be considered developing.
What is an emerging nation?
developing country
A developed nation is usually lower than an emerging nation with respect to?
A developed nation is usually lower than an emerging nation with respect to its birth rate. Developing nations often still practice subsistence farming which can be very labor-intensive. More children are an advantage in this type of situation.
