What is one newly industrialized country?

Answer 1

A newly industrializing country is a country formerly classified as under developed, but which is becoming rapidly industrialized. The first wave of countries to be identified as newly industrializing included Hong Kong, South Korea, Singapore, and Taiwan. These countries underwent rapid industrial growth in the 1970s and 1980s, attracting significant financial investment, and are now associated with high-technology industries. More recently, Thailand, China, and Malaysia have been classified as newly industrializing countries.

Answer 2

South Korea is considered a newly industrialized country, marked by rapid economic growth and development achieved within the past few decades. Its economy has moved from being primarily agriculture-based to becoming a major player in industries such as technology, automotive, and electronics.

Answer 3

Hong Kong, South Korea and Singapore are three newly industrialized countries. Also, Taiwan and South Africa are two other industrialized countries.