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)
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.
Egypt is a NIC!!!
Nic Sarnoff is 6'.