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A newly industrialized country is?

A newly industrialized country is?
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Answer #1

A newly industrialized country is the country which has transitioned itself so that its primary sector has changed from being agriculture based to being manufacturing and construction based.

A newly industrialized economy is developing at a faster rate and they have a better standard of living and a higher per capita income than the developing countries. These economies would soon become a developed economy.

Example of such country are China,India,Malaysia,South Africa,Mexico

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