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Newly industrialized country. The category of newly industrialized country (NIC), newly industrialized economy (NIE) [1] or middle income country[2] is a socioeconomic classification applied to several countries around the world by political scientists and economists. They represent a subset of developing countries whose economic growth is much ...
Industrialisation also means the mechanisation of traditionally manual economic sectors such as agriculture. Factories, refineries, mines, and agribusiness are all elements of industrialisation. Industrialisation (UK) or industrialization (US) is the period of social and economic change that transforms a human group from an agrarian society ...
A 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. Most commonly, the criteria for evaluating the degree of economic development are the gross domestic product (GDP), gross national ...
In world systems theory, the core countries are the industrialized capitalist or imperialist countries, which depend on appropriation from peripheral countries and semi-peripheral countries. [1] Core countries control and benefit from the global market. They are usually recognized as wealthy states with a wide variety of resources and are in a ...
The Industrial Revolution, sometimes divided into the First Industrial Revolution and Second Industrial Revolution, was a period of global transition of the human economy towards more widespread, efficient and stable manufacturing processes that succeeded the Agricultural Revolution. Beginning in Great Britain, the Industrial Revolution spread ...
British industrialisation involved significant changes in the way that work was performed. The process of creating a good was divided into simple tasks, each one of them being gradually mechanised in order to boost productivity and thus increase income. The new machines helped to improve the productivity of each worker.
Semi-periphery countries. A world map of countries by trading status, late 20th century, using the world system differentiation into core countries (blue), semi-periphery countries (yellow) and periphery countries (red). Based on the list in Dunn, Kawana, Brewer (2000). In world-systems theory, the semi-periphery countries (sometimes referred ...
Development geography is a branch of geography which refers to the standard of living and its quality of life of its human inhabitants. In this context, development is a process of change that affects peoples' lives. It may involve an improvement in the quality of life as perceived by the people undergoing change. [1]