INDIA is not a Developing Country Anymore Newly Industrialized Countries #india

#infrashorts #india #development #growth #developingindia

developing nation -

A nation where the average income is much lower than in industrial nations, where the economy relies on a few export crops, and where farming is conducted by primitive methods.


Newly industrialized countries (or NICs) -

Newly industrialized countries (or NICs), are developing economies that have advanced towards industrialization and might become developed, at some point, in the near future. China, India, Malaysia, Thailand, the Philippines, South Africa, Turkey, Brazil, and Mexico are commonly considered NICs.


Developed countries-

A developed country, or high-income country, is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations.

Тэги:

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