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Bookmark or Share- What Is a First World (aka Developed or Industrialized) Country?Since the collapse of the Soviet Union in 1991, the term’s meaning has largely evolved. Currently, it describes a developed and industrialized country characterized by political and economic...
- Newly Industrialized Countries (NICs): Characteristics, Impact, and ...A Newly Industrialized Country (NIC) is positioned between developing and highly developed classifications in terms of economic development. Significant growth in GDP, improved average income, and greater political stability are characteristic signs of a country’s transition to NIC status.
- Industrialization | History, Effects, & Facts | Britannicaindustrialization, the process of converting to a socioeconomic order in which industry is dominant. A brief treatment of industrialization follows. For fuller treatment, see modernization. How or why some agrarian societies have evolved into industrial states is not always fully understood.
- History of industrialisation - WikipediaThe United Kingdom was the first country in the world to industrialise. [6] In the 18th and 19th centuries, the UK experienced a massive increase in agricultural productivity known as the British Agricultural Revolution , which enabled an unprecedented population growth , freeing a significant percentage of the workforce from farming, and ...
- Developed country - WikipediaA developed country, or advanced country, [3] [4] is a sovereign state that has a high quality of life, developed economy, and advanced technological infrastructure relative to other less industrialized nations.
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