Newly Emerging Economies (NEEs) are countries that are experiencing rapid economic growth and industrialisation. These countries were once considered poor, but are now developing quickly, meaning they are becoming more important within the global economy. In NEEs, industries like manufacturing are growing, and more people are getting jobs, leading to better living standards. However, these countries still face challenges like poverty and inequality. Examples of NEEs include countries like Brazil, India, and China. Understanding NEEs helps us learn how different parts of the world are changing and affecting each other economically and socially.
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