Subject:
GeographyAuthor:
braxtonhudsonCreated:
1 year agoAnswer:
B. New industrialized countries
Explanation:
Newly Industrialized Country is a socioeconomic classification made according to economists and political scientists. It is a subjective classification based on combinations of real measures such as GDP, GDP per Capita, Population, GDP Growth, HDI etc. It is subjective as it has no exact standards and parameters such as ranges, parameters, and classification and calculation methods for HDI classification for example (low, medium, high HDI countries classifications are objective classifications). In short, a Newly Industrialized country is to describe a country whose level of economic development ranks it somewhere between developing and highly developed classifications.
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nathaliezqk4
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