Post-World War II, worldwide economic growth was in strong evidence and countries that were once classified as less developed, such as Brazil, Mexico, South Korea, Taiwan, Singapore, and Hong Kong, were reclassified as

Question

Stephenson

Business

27 March, 05:41

Post-World War II, worldwide economic growth was in strong evidence and countries that were once classified as less developed, such as Brazil, Mexico, South Korea, Taiwan, Singapore, and Hong Kong, were reclassified as

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Answers (1)

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Anaya Mendoza · Answer 1

The answer is newly industrialized countries, or NICs.

Explanation:

These nations, because of the availability of abundant natural resources and because of their strategic positioning in the international trade, were given the proper political leadership and political stability during this period which allowed these nations to make the use of these advantages productively.

Ultimately, this led these countries to be economic power houses in their respective regions.