Newly Industrialised Countries - LEDCs in which manufacturing industries have grown leading to economic development. Industrialisation - the development of industry on an extensive scale. Deindustrialisation - when the amount of manufacturing ina country decreases.
In recent years, many countries that have traditionally relied on agriculture have seen a massive growth in their manufacturing industries.
These countries are known as NIC's (Newly Industrialised Countries) e.g. India, China and Brazil.