The category of newly industrialized country (NIC) is a socioeconomic classification applied to several countries around the world by political scientists and economists. NICs are countries whose economies have not yet reached first world status but have, in a macroeconomic sense, outpaced their developing counterparts. Another characterization of NICs is that of nations undergoing rapid economic growth (usually export-oriented). Incipient or ongoing industrialization is an important indicator of a NIC. In many NICs, social upheaval can occur as primarily rural, agricultural populations migrate to the cities, where the growth of manufacturing concerns and factories can draw many thousands of laborers. NICs usually share some other common features, including: * Increased social freedoms and civil rights. * Strong Political Leaders * A switch from agricultural to industrial economies, especially in the manufacturing sector. * An increasingly open-market economy, allowing free trade with other nations in the world. * Large national corporations operating in several continents. * Strong capital investment from foreign countries. * Political leadership in their area of influence. Examples of NICs include China, India, Mexico, Brazil, South Africa, etc. Source courtesy of http://en.wikipedia.org/wiki/Newly_industrialized_country
well have you seen how much of a dump it is, question answered !
the United Arab Emirates is not only the most industrialized country in the Middle East, it is the most industrialized country in the world
Puerto Rico
The Randstad, although the entire country is very urbanized.
About 60 percent.
Emerging market or Newly Industrialized Country (NIC). It means it is a developing, capitalist country.
Newly industrialized (or industrializing) countries is where people industrialise by having more machine and more technology
It is known as Emerging Market (EM) or Newly Industrialized Country (NIC).
Yes, the Philippines is classified as a newly industrialized country (NIC). It has transitioned from being a developing country to achieving significant industrialization and economic growth, though it is not classified as a fully developed country.
In human geography, NIC stands for Newly Industrialized Country. These are countries that have experienced rapid economic growth and industrialization within the last few decades. They typically have a developing economy with characteristics of both developed and developing countries.
You mean "developed" or industrialized? No. It is an "emerging market" or "newly industrialized country".
Newly industrialized countries are those that have been developed and have obtained a high level of technology and economic advancements. A newly industrialized country would be South Africa.
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.
Egypt is a newly industrialized country developed - Canada newly industrialized - Egypt developing - Sudan
No it is currently an NIC (Newly Industrialising Country)
Developed country.
NIC stands for Newly Industrialized Country, which refers to a classification given to countries that have rapidly grown their industrial sectors and shown significant economic development. These countries typically have a middle-income level and are transitioning from being primarily agrarian to industrialized economies. Examples include South Korea, Mexico, and Brazil.