Search for a Term:

What is Newly Industrialized Country?

Definition of Newly Industrialized Country

A Newly Industrialized Country (NIC) is a term used mainly within political science and economics to describe a country with rapid industrial and economic growth that has not grown to the extent of those that are classified as first-world countries. Typically these countries have recently undergone an industrial revolution and resources (for example money, people, etc.) are shifting away from a largely agriculture-based economy to a far more industrialized or urban economy. This trend or model is evident in countries such as Hong Kong, Malaysia, and India, and is also significantly still underway in China, despite its already being the second biggest economy in the world.
Do you have a question that has not yet been answered? Let us know.
Tel: 0207 0700 961 or Email: support@advfn.com

FTSE 100 Index

FTSE 100 Index intraday chart

Gulf Keystone

Gulf Keystone Chart
 GKP Chart  GKP Chat
 GKP Share Price  GKP Level 2
 GKP Info  Free ADVFN account

Top Investment Questions

Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V:us D:20171125 03:46:20