Newly industrialised countries are places where factories and industries are growing quickly.
Examples include:
- Mexico
- Brazil
- Turkey
- South Africa
- India
- China
- Thailand
- Malaysia
These countries:
- Have many factories and industries
- Produce cheap goods for global markets
- Export goods to earn money
- Provide jobs for many workers
As people earn more money:
- They buy more goods and services
- This helps the economy grow (called the multiplier effect)
🏭 What Replaces Industry?
In some developed countries:
- Manufacturing becomes less important
- The service sector grows (like banking, teaching, repairs)
These are called post-industrial economies.
🛢️ Economies of Arabian Gulf Countries
Before oil was discovered, countries in the Arabian Gulf had simple economies based on:
- Farming
- Fishing
- Trading
- Pearl diving
- Animal farming
👉 Today, oil has helped these economies grow and develop quickly.



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