Newly industrialized (or industrializing) countries is where people industrialise by having more machine and more technology
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.
The difference between a RIC and a NIC is the time period. It is still rather vague, but a RIC is more likely to have been industrialised for a longer time period than a NIC.
No it is currently an NIC (Newly Industrialising Country)
Because it cant control its population
Brazil is a newly industrialised country because it is still a developing country and it was recently an LEDC
It is not an MEDC nor a LEDC, it is a NIC (Newly industralized country)
Emerging market or Newly Industrialized Country (NIC). It means it is a developing, capitalist country.
it has qualities of both and thus it s a NIC Newly Industralized Country
Turkey Is neither an LEDC or MEDC, it is currently in between as an NIC (Newly Industrialised Country)
Egypt is a NIC!!!
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.
Nic Sarnoff is 6'.