Although the majority of countries in the global south lag well behind societies of the west, some are now undergoing the process of industrialization. these countries are referred to as _________.

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29-08-2022
Social Studies

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Although the majority of countries in the global south lag well behind societies of the west, some are now undergoing the process of industrialization. these countries are referred to as _________.

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ogorwyne ogorwyne · Answer 1 · 2022-09-09T07:12:17-04:00

Although the majority of countries in the global south lag well behind societies of the west, some are now undergoing the process of industrialization, these countries are referred to as emerging economies.

What is meant by emerging economies?

This is the term that is used to refer to the economy that is said to be turning into a developed one. This is an economy that has the ability of moving in to a process of industrialization. This is a nation that can be simply put as achieving economic growth.

Hence we can say that: Although the majority of countries in the global south lag well behind societies of the west, some are now undergoing the process of industrialization, these countries are referred to as emerging economies.

Read more on industrialization here: https://brainly.com/question/1078028

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