edexcel geo - NICs and RICs

hi ya, just been attempting this question
With ref. to named industries and countries, evaluate the reasons for growth of manufacturing in NICs and RICs

So, I have case studies for NICs like Malaysia and Singapore... but not really anything about an RIC?
Are the reasons for growth kinda the same? If not, has any1 got a good RIC case study?
thank you thank you thank you :biggrin:

Reply 1

momosan

9

jeni8686

hi ya, just been attempting this question
With ref. to named industries and countries, evaluate the reasons for growth of manufacturing in NICs and RICs

So, I have case studies for NICs like Malaysia and Singapore... but not really anything about an RIC?
Are the reasons for growth kinda the same? If not, has any1 got a good RIC case study?
thank you thank you thank you :biggrin:

I don't think they'd hold you to it if you show Singapore or Malaysia as a RIC (one for each that way!) as it's debatable

Reply 2

~Sam~

15

I know what a nic is, but what's a ric?

Reply 3

Sam_B

14

my guess would be

recently industrialising countries

Reply 4

sahsum

13

jeni8686

hi ya, just been attempting this question
With ref. to named industries and countries, evaluate the reasons for growth of manufacturing in NICs and RICs

So, I have case studies for NICs like Malaysia and Singapore... but not really anything about an RIC?
Are the reasons for growth kinda the same? If not, has any1 got a good RIC case study?
thank you thank you thank you :biggrin:

are you on edexcel A. I am but have never heard of an RIC :confused:

Reply 5

~Sam~

15

Sam_B

my guess would be

recently industrialising countries

And how is that different from newly industrialised countries?

sahsum

are you on edexcel A. I am but have never heard of an RIC :confused:

I'm edexcel A too. Glad I'm not the only one who hasnt heard of them!

Reply 6

Ellie4

2

I'm another edexcel A-er that's never heard of them!

Reply 7

_poptart_

OP

2

It means recently industrialised countries...dont worry now people I found a bit about Brazil so hoepfully everything will be fine in the exam if it comes up :p:

Reply 8

Sam_B

14

~Sam~

And how is that different from newly industrialised countries?

well can u think of anything better? no? ok then.

Reply 9

~Sam~

15

Sam_B

well can u think of anything better? no? ok then.

Lol, calm down. Looks like you were right anyway :p:

Reply 10

_poptart_

OP

2

sahsum

are you on edexcel A. I am but have never heard of an RIC :confused:

edexcel b sorry 4 not saying!

Reply 11

momosan

9

The difference between a RIC and a NIC is the time period, methinks. Still rather vague, but RIC is more likely to have been industrialised from a longer time period than a NIC.

Reply 12

meawinner1

Regional Industry Collaboration

Reply 13

Sam_B

14

meawinner1

Regional Industry Collaboration

how did u know that?

Reply 14

_poptart_

OP

2

meawinner1

Regional Industry Collaboration

dont think it was quite wot i had in mind :redface:

lol

Reply 15

meawinner1

Sam_B

how did u know that?

I was curious to know what it was so I typed it in on google and and it came up on this acronym site

Reply 16

_poptart_

OP

2

What are the reasons for this growth?

Although industrial growth had accelerated after the end of the first world war in 1918, Brazil remained dependent on agriculture for the bulk of its exports. Farming of one sort or another was the dominant economic activity. Even as recently as 40 years ago, about 65% of the workforce was still employed in agriculture and over 80% of exports were based on primary agricultural products (like coffee and cotton).
Industrial development had been given a boost by the second world war from 1939 to 1945. Shortages of all kinds of manufactured goods, capital and consumer, forced Brazil to consider making its own. ("Capital" goods are goods used to produced other goods - one example is a machine tool, another is a tractor.)
Steel is the basis of many modern industries and the first integrated steel mill had been built in the 1940s at Volta Redonda in the State of Rio de Janeiro. This was a major achievement and an important foundation for future industrial growth.
In 1955, President Kubitschek took office and began expanding Brazil's extractive industry (particularly oil production). He also expanded manufacturing industry in both capital goods and consumer durables ("durables" as the name implies are products which "endure" for some time - you can keep on using them. Cars and washing machines are good examples. Customer "consumables" are those which you consume and they're gone. Food and drink are good examples).
Foreign car manufacturers were invited to develop plants, and the stateowned oil company Petrobrás, created in 1953, the only one allowed to search for and produce Brazil's oil; and the steel industry was encouraged to develop. The pace of industrialisation continued during the 1960s and 1970s. But problems began to emerge. Much of the economic activity in the 1970s was investment in infrastructure roads, water supplies, hydro-electric schemes. This investment was financed with foreign loans, and substantial interest rate increases in the 1980s helped trigger a debt crisis in the whole of Latin America.
But by the mid-1990s, Brazil's manufacturing position had recovered and production was growing rapidly with aircraft, cars, trucks and tractors, machinery of all kinds, electrical and electronic equipment, petrochemicals, fertilisers and textiles all showing excellent results
The most dynamic manufacturing sectors are now steel, transport, petrochemicals, engineering - and cement.

heres some of the info I found about the growth of Brazil's manufacturing sector!!

edexcel geo - NICs and RICs

Related discussions

Articles for you